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Let's briefly discuss my valuation approach for $XPL :
🔹 Benchmarking payment giants
PayPal market capitalization ≈ 65 billion USD
→ If $XPL has 1/10 of its volume, the current price is actually reasonable, with the current price being 7.5 billion in full circulation.
🔹 Benchmark stablecoin companies
The market value of Circle behind USDC is approximately 30 billion.
→ Assuming $XPL reaches half of Circle's valuation, that would be quite FOMO.
Conclusion: If the opening price rises 2-3 times, then we can really smile.
Just a personal opinion, DYOR