Analysis of the XPL Economic Model: Opportunities and Concerns
Recently, attention has been drawn to the XPL economic model, which has a unique design. Its total amount is 10 billion, with 40% allocated for ecological development, injecting momentum for the project's long-term advancement.
In terms of inflation, the initial annual inflation rate is 5%, released through staking rewards, and then gradually decreasing to 3%. There is also a transaction base fee burning mechanism similar to Ethereum EIP - 1559, which provides deflationary potential, balances inflation impact, and stabilizes supply and demand.
In terms of market performance, the mainnet Beta launch on September 25, 2025, amazed everyone. In the first hour, it attracted about $250 million in stablecoin inflow, and after 24 hours, the on-chain stablecoin supply exceeded $7 billion, triggering widespread attention and capital influx.
However, XPL also faces potential challenges. The tokens of the team, investors, and participants in the U.S. public sale have a lock-up period. Team and investor tokens are locked for 1 year, while U.S. public sale tokens are locked until July 28, 2026. After the lock-up period ends, a large number of tokens will flood into the market, and whether the market can absorb the new supply is key. Currently, the staking ratio is high, and holders tend to maintain the network long-term, but the behavior of holders may change under the unlocking tide, and the possibility of impacting the market still exists. The future market direction of XPL needs close attention.
