Plasma team said that their economy is building around $XPL. Yet, the only use case for it that they came up with is the $XPL lock for the card tiers. They bragged about the lock numbers, but compared to the total supply, that lock number is so insignificant that it doesn't make much for the $XPL price in the market. I bet most of those locks are people who bought/invested in $XPL earlier, at higher prices. Now, they have nothing else to do with this depreciated dust than at least use it for the card tier benefits. Moreover, the lock demand for card benefits is so high that it makes no sense to drive the $XPL price higher, because nobody would care to take it. So, it makes sense for them to let the $XPL price go even deeper. The main issue is that the team says that $XPL is at the core of their economy, but they don't buy it themselves. You can see it from the price action. Each news that drives the price up meets a flush. They think the price will hold on retail only. Tourists.