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Why is $XPL pumping?
> June 12: Tiers announced (initial pump front ran a day before)
> June 17: Plasma One launches (includes discounted offers -> token accumulation / bid)
> June 25: Token unlocks (3.56% of supply)
>July 18: Platinum offer ends (back to 150k XPL lockup)
Offers -> chain usage + token bid due to Platinum offer -> Unlocks to balance
Never for one second think you will get anything for cheap in crypto, its all priced in and calculated.
However what remains is a clear narrative and catalyst at hand for more intuitive traders to capture, not every aspect of it is bad.
Well done to the Plasma team, trillions.
(Top soon, good luck)