XPL's tokenomics design sends a clear signal: this project doesn't plan to make a big short-term cash-out move.

Looking at the data makes it obvious. Out of the total supply of 10 billion, 40% is directly allocated to ecosystem development—which is no small amount. It's like reserving the most lucrative slice of the cake for the future, to incentivize developers, reward active users, and build a competitive barrier. From this perspective, the project is indeed laying the groundwork for long-term growth.

But this also presents challenges. Over the next few years, the team and investors' tokens will unlock linearly, and the market must continuously absorb this process. Short-term price volatility is inevitable, because there is always tension between long-term ecosystem building and short-term market sentiment.

The key question is: how much network effect can this 40% ecosystem investment ultimately generate? No matter how well-designed the tokenomics, it ultimately depends on the ecosystem truly becoming active. Some believe this approach is worth betting on, while others worry the cycle is too long.

Do you think this heavy focus on ecosystem development can succeed?