Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
XNL Plummets 70%: Liquidity Crisis Derails RWA Bridge Plans

XNL Plummets 70%: Liquidity Crisis Derails RWA Bridge Plans

Bitget-RWA2025/10/30 03:30
By:Bitget-RWA

- Novastro's XNL token fell 70% from its public sale price due to liquidity constraints and lack of major exchange listings. - As a multi-chain RWA bridge token, XNL enables governance and yield generation but struggles with limited investor access and downward price pressure. - The project's modular ledger aims to enhance DeFi interoperability, yet sluggish adoption and unlisted status hinder its ability to attract capital or test market resilience. - Analysts emphasize that XNL's long-term potential depe

The Novastro token (XNL) has experienced a sharp 70% decline from its initial public sale value, highlighting the ongoing difficulties that new crypto projects encounter in sustaining their worth after launch, as reported by the

. XNL is intended to function as a cross-chain bridge for real-world asset (RWA) tokenization, with its issuance rooted in and supporting fast trading on , Sui, and . Although the project promises features such as governance, staking, and liquidity incentives, the token’s absence from leading exchanges restricts investor participation and intensifies selling pressure.

XNL Plummets 70%: Liquidity Crisis Derails RWA Bridge Plans image 0

Serving as the core utility and governance asset for Novastro’s RWA platform, XNL enables smart SPV-driven tokenization, on-chain yield opportunities, and AI-powered asset management. Nevertheless, the lack of listings on major exchanges has resulted in limited liquidity, discouraging both institutional and individual investors. Project materials indicate that XNL holders are able to stake their tokens for network security, engage in governance, or add liquidity to the platform. However, without open market trading, these functions have failed to draw in outside capital, further weakening the token’s performance.

XNL’s price collapse reflects a broader pattern among emerging crypto ventures, where bold technical ambitions often struggle against market headwinds. Novastro’s modular ledger is designed to break down RWA barriers and improve DeFi integration, but initial uptake has been slow. The token’s lack of exchange presence—a vital element for liquidity and price formation—has exposed it to speculative sell-offs and limited practical use. Experts suggest that unless XNL secures wider trading access, its long-term value will remain unproven amid sector and macroeconomic fluctuations.

In spite of these setbacks, Novastro continues to focus on integrating digital twin solutions and automated compliance systems, aiming to make XNL a key player in RWA connectivity. Yet, the current lack of trading venues and clear price signals has undermined short-term trust. As the crypto sector consolidates after the 2025 peak, Novastro’s success in showcasing real-world applications and forming strategic alliances will be crucial for reversing XNL’s downward momentum.

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

Eldorado Gold Narrows 2025 Outlook as Third Quarter Production Jumps Despite Challenges

- Eldorado Gold Corp (EGO) reported 115,190 gold ounces in Q3 2025, tightening 2025 guidance to 470,000–490,000 ounces amid operational challenges. - Scurius copper-gold project reached 73% completion, with concentrate production expected by Q1 2026 despite Turkey royalty and Olympias recovery issues. - COIL outlined a recovery plan for 2025, leveraging cost optimization and industrial agility to counter European economic uncertainty while prioritizing sustainable growth. - IonQ advanced hybrid quantum sol

Bitget-RWA2025/11/01 15:30
Eldorado Gold Narrows 2025 Outlook as Third Quarter Production Jumps Despite Challenges

Ethereum Updates: PING's Rapid Growth Signals a Major Move in Crypto Toward AI Integration and Cross-Chain Advancements

- PING token's market cap surged 36% to $31M, driven by cross-chain innovations, AI trading tools, and institutional Ethereum inflows. - Virtuals Protocol (VIRTUAL) rose 23% after Coinbase DEX integration enabled AI-powered Ethereum trading, pushing its cap to $1.16B. - Ethereum attracted $9.6B in Q3 2025 ETF inflows, with Standard Chartered forecasting $2T tokenization dominance by 2028. - XRP Tundra's hybrid staking protocol outperformed peers with 20% APY, while x402 protocol executed 932,000 AI-driven

Bitget-RWA2025/11/01 15:30
Ethereum Updates: PING's Rapid Growth Signals a Major Move in Crypto Toward AI Integration and Cross-Chain Advancements

Solana News Update: Financial Giant Solana Faces Off Against Challenger Digitap in the Latest Crypto Arena

- Solana (SOL) gains institutional traction in 2025 via ETFs, Western Union partnerships, and a 7.03% staking yield outperforming peers. - Digitap ($TAP) disrupts altcoin market with $1M+ presale, Visa/Apple Pay integration, and buyback-burn mechanics attracting real-world utility seekers. - Ethereum's $60B DeFi dominance and market volatility challenge Solana's growth, while Sui (SUI) drops 7% amid broader crypto fluctuations. - Analysts highlight divergent crypto paths: Solana's institutional ETF-driven

Bitget-RWA2025/11/01 15:14
Solana News Update: Financial Giant Solana Faces Off Against Challenger Digitap in the Latest Crypto Arena

Ethereum News Update: Major Investors Show Confidence in BTC/ETH Rebound Even as Bearish Signals Persist

- Crypto whales are boosting BTC/ETH longs amid U.S. inflation data and Fed rate-cut expectations. - Traders like 0xc2a3 (1,483 BTC, $30M profit) and 0xb9fe (25x leveraged ETH) use leverage and accumulation. - Bullish sentiment extends to altcoins, with whales deploying high leverage on SOL, PUMP, and FARTCOIN. - Analysts warn of potential support breaks below $106,600, but stabilization hints from volume and whale rotations. - Market resilience will depend on macroeconomic conditions and whale strategies

Bitget-RWA2025/11/01 15:14
Ethereum News Update: Major Investors Show Confidence in BTC/ETH Rebound Even as Bearish Signals Persist