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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.

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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.

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