XPL price rose roughly

↗21%

over the past month while trading volume jumped roughly

↗63%

over the past week, ahead of the

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.