XPL price rose roughly
↗21%
over the past month while trading volume jumped roughly
↗63%
over the past week, ahead of the
September 25 token unlock releasing 1.81 billion tokens.
Trading activity rises amid selling pressure
Daily trading volume increased roughly
↗13%
over the past 24 hours while selling pressure remained elevated, with roughly 1.97 times more sellers than buyers over the same period.
Major token unlock approaching
On September 25
, 1.81 billion XPL tokens held by the team and early investors will be released, representing roughly 65% of current circulating supply.
Price gains over past month
XPL held steady during weekend market turbulence
after rising roughly
↗21%
over the past month.
Investor positioning shows mixed signals
Investor interest in leveraged positions rose slightly, with open interest up roughly
↗1%
while the current funding rate sits at approximately 2.7% annually.