Despite recent red daily candles, the author maintains a strong bullish thesis on XPL and suggests that buying it at or below $1 will prove to be a good decision in hindsight. The chart shows XPL currently trading around $1.0334, having recently pulled back from higher levels, with potential support identified around $0.90270 and $0.87069. The author believes the asset was fairly priced due to Hyperliquid and that the underlying thesis remains unchanged.