XPL Coin’s Explosive Growth: Is This Crypto Future Sustainable?

Before even launching, XPL coin is experiencing a meteoric rise on trading platforms like Binance Futures and Hyperliquid. With a pre-market price of $0.45 on these platforms, XPL boasts a fully diluted valuation of $4.5 billion, representing a tenfold increase since its July 2025 public sale. A total of 10% of its 1 billion supply was sold at $0.05 each, raising $373 million in just 10 days. This explosive growth is fueled by several factors including the Binance pre-market order books and Hyperliquid’s innovative funding model which reduces manipulation risks common in pre-listing futures.