I've been buying a lot of $XPL since launch, have a large position in it relative to my portfolio value. I think most people are valuing it incorrectly and it should be valued as an L1 (which it is) instead of some stablecoin protocol project. It's the most attractive L1 for stablecoin farming, the gas token is $XPL and the fact that you can transfer $USDT for free on this network gives Plasma a comparison to $TRX as from my understanding the primary use case of the Tron network is to transfer stablecoins (specifically $USDT). Of course, Tron has better mindshare as it has been around for a very long time but I think Paolo and the Tether team have enough distribution channels to compete. Purely comparing numbers, XPL is $2B here vs $TRX at $30B. I also think Plasma network will be a favorable place for trenching. It's fast, cheap and the excess of stablecoins on the chain will provide liquidity for these coins to run. Right now there isn't much on it besides memecoins but I think...
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