Watching the project team frequently airdrop tokens to try to pump the price, but the market's reaction remains cold—perhaps this is just reality. To be honest, I also hope $XPL can rise, after all, I have a heavy position in it. A while ago, I basically cleared my position around 0.2, but then I quickly bought back at 0.172. This buy and sell cycle resulted in nearly a 20% loss. Later, when it rebounded to 0.175 and looked like a chance to break even, I missed the quick exit. I foolishly thought that 0.172 was the bottom at the time.

Thinking back now, the biggest lesson from this operation is that you can't fight the market. Predicting price trends is inherently a thankless task.

As for the Plasma project, it indeed faces some short-term difficulties. But if the project team wants to turn things around, instead of continuing to airdrop tokens, they should seriously consider ways to implement token deflation. Because everyone knows that the zero-cost tokens obtained from airdrops are usually not held but sold immediately—this only further drives down the price.