Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
XPL Jumps 687.9% Within a Day as Price Fluctuations Intensify

XPL Jumps 687.9% Within a Day as Price Fluctuations Intensify

Bitget-RWA2025/10/15 12:36
By:Bitget-RWA

- XPL surged 687.9% in 24 hours to $0.5041, but remains down 6058% annually amid prolonged bearish trends. - Short-term volatility reflects heightened market sentiment and speculative activity, though technical indicators suggest unsustainable momentum. - Historical backtests show XPL typically loses 95% of gains within a month after sharp rallies, with average next-day returns at -5.9%. - The recent spike highlights risks of overreaction in crypto markets, where rapid price moves often trigger sharp corre

On October 15, 2025,

saw its price soar by 687.9% in just one day, ending the session at $0.5041. This surge came after a 665.11% increase over the previous week. However, over the longer term, the token has faced significant losses, dropping 5046.73% in the last month and 6058.09% over the past year. Such a dramatic daily jump suggests intense market excitement and possibly speculative trading, even as the overall trend remains negative.

The recent rapid gains have sparked renewed debate regarding XPL’s price swings and the factors behind its latest rally. Although the 24-hour spike points to a wave of new buyers, it also highlights the ongoing difficulty of maintaining upward momentum in a market that often experiences sharp reversals after quick climbs. The difference between this short-term surge and the ongoing long-term decline suggests that the current rally is more likely a brief correction within a persistent downtrend, rather than a sign of lasting recovery.

Analysts have turned to technical indicators to assess whether the recent rally has staying power. These metrics are used to measure XPL’s behavior during major price movements, especially significant upward spikes. The information helps determine if the latest surge fits with previous patterns of overreaction and subsequent correction. Such tools are essential for evaluating the likelihood of continued upward movement or a possible reversal.

Backtest Hypothesis

An event-driven backtest was conducted to analyze XPL’s performance following major price jumps. This study looked at two occasions since 2022 when XPL.A posted daily increases of 15% or more. Findings indicate that after these spikes, the token typically gave back most of its gains. On average, the return the next day was -5.9%, and this downward trend persisted for at least a month. These results underscore the need for caution when interpreting short-lived rallies, particularly in markets that are susceptible to abrupt corrections.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin News Update: Tether's Risky Reserve Change: Exposure to Cryptocurrency and Gold Poses a Challenge to Stablecoin Stability

- Tether's USDT faces scrutiny as Arthur Hayes warns a 30% drop in gold/Bitcoin reserves could trigger insolvency risks. - S&P downgraded USDT's stability rating to "weak" over 5.6% Bitcoin exposure exceeding overcollateralization margins. - Tether CEO dismissed criticism, claiming no "toxic" assets while regulators globally intensify reserve transparency demands. - Debate centers on balancing crypto volatility with liquidity resilience amid $34B cash shortfall and redemption risks.

Bitget-RWA2025/12/01 02:28
Bitcoin News Update: Tether's Risky Reserve Change: Exposure to Cryptocurrency and Gold Poses a Challenge to Stablecoin Stability

Zcash Halving and Its Effects on the Dynamics of the Cryptocurrency Market

- Zcash's halving mechanism reduces block rewards every four years, enhancing scarcity and mimicking Bitcoin's deflationary model while offering optional privacy features. - Historical halvings (2020, 2024) triggered sharp price swings, with Zcash surging 1,172% post-2024's NU5 upgrade and institutional adoption via Grayscale Zcash Trust. - Next halving projected for late 2028 faces risks from regulatory scrutiny of shielded transactions and competition from privacy coins like Monero. - Long-term investors

Bitget-RWA2025/12/01 02:06
Zcash Halving and Its Effects on the Dynamics of the Cryptocurrency Market

Zcash (ZEC) Rallies as Interest in Privacy Coins Grows: Can the Momentum Last?

- Zcash (ZEC) surged 900% in Q4 2025, peaking at $702.04, driven by institutional adoption and regulatory clarity via the CLARITY/GENIUS Acts. - The November 2025 halving reduced block rewards by 50%, historically correlating with price surges, while shielded transactions now account for 20-25% of supply. - Zcash diverged from broader crypto weakness, gaining 35% weekly in November despite Bitcoin's decline, fueled by privacy-focused retail demand and $2B+ trading volume. - Upgrades like Zashi wallet and P

Bitget-RWA2025/12/01 02:06
Zcash (ZEC) Rallies as Interest in Privacy Coins Grows: Can the Momentum Last?