The cycle of crypto projects is simple. First, hype builds up, then community expectations rise, and as slow progress occurs, people start to doubt. Plasma (@Plasma ) is currently going through the same phase.
To be honest, the buzz around $XPL has calmed down a bit. The community is asking questions, updates seem slow, and people have become a bit cautious. This is normal, as every project has a reality check moment.
But this doesn't mean that Plasma is over. Work is still being done on the tech side, and the project's idea is to create an efficient layer without wastage. If the team can improve the pace a bit and maintain transparent communication, trust can be rebuilt.
Patience is the biggest edge in crypto. Plasma has potential; it will depend on execution and consistency how far it can go. I keep it on my watchlist, but without blind hype.
