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Honestly, the $XPL project is quite interesting. Although it has fallen from a high of $1 to now $0.14, as long as it continues to bring benefits to the community, it is a project worth paying attention to. It has the potential to stay long-term in your watchlist.
Many people may not know the background of XPL. Its parent company, Tether, should be familiar to everyone, right? USDT is issued by Tether, the world's largest stablecoin, with daily trading volumes that are not comparable to other assets. As the native public chain of the Tether ecosystem, this identity already explains a lot.
The key point is that XPL's positioning is very clear—it is specifically designed for stablecoin payment scenarios and is a high-performance Layer-1 public chain. Zero-fee USDT instant transfers, sub-second confirmations, EVM compatibility—this combination directly targets large-value settlements and financial institutions' needs. The XPL token serves three main functions in the network: replacing transaction fees, incentivizing validators, and governance.
Simply put: fast, cheap, stable. In the stablecoin transfer track, it has obvious advantages.
The project is still in the operational activity phase, and participation is very friendly—creating high-quality content can earn rewards. This model is quite beneficial for community building and also helps more people understand the value of this public chain.