XPL Price Dropped 6385.34% in 1 Year Amid Strategic and Market Shifts

On OCT 10 2025, XPL dropped by 3798.52% within 24 hours to reach $0.4567, XPL dropped by 5010.81% within 7 days, dropped by 5457.94% within 1 month, and dropped by 6385.34% within 1 year.

The dramatic decline in XPL’s value has sparked widespread scrutiny over the company’s recent strategic decisions. XPL announced the discontinuation of its flagship product line and the redirection of R&D efforts into a nascent subsector of quantum computing applications. This pivot, while signaling a long-term vision, was met with skepticism by investors who questioned the short-term feasibility and market readiness of the new focus area.

Additionally, XPL’s board announced the resignation of its Chief Technology Officer, a move that further fueled uncertainty among stakeholders. The CTO, a central figure in the previous product roadmap, left without a clear successor named, raising concerns over leadership continuity and project management stability.

From a technical standpoint, XPL’s recent price action has broken below key support levels that had held for over a year. The asset has entered a steep bearish trend, with the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicators both reflecting oversold conditions and a lack of near-term upward momentum. Analysts project that the next level of support lies near $0.38, and a break below this could trigger further sell-off pressure.