Back to collectionApril Closes with Pools Growing and Price Falling
Background: As April ended, the narrator had to find a way to close the month's account. Today: XAI closed April at USD 0.675, down nearly half from USD 1.223 at the start of the month, producing its first substantial monthly red candle since listing. Impact and next steps: The month left two pictures side by side: members working together in pools, and holders reassessing risk against future supply.
A creative chronicle combining project history with imagined scenes. Story events are not verification of network activity.
Background: As April ended, the narrator had to find a way to close the month's account. Staking pools had opened in the middle of the month, and the ambitious goal for games was still being repeated. In the groups, though, attention was turning more often to the coming token unlocks.
Today: XAI closed April at USD 0.675, down nearly half from USD 1.223 at the start of the month, producing its first substantial monthly red candle since listing. Since the staking pools launched, 65 million XAI had been locked, bringing members into closer cooperation onchain. The market did not warm to it. The ambition of one hundred games appeared in the same month as the unlock countdown, and the market chose to watch the latter. The narrator wrote that the fervor ebbed as quickly as it had risen.
Impact and next steps: The month left two pictures side by side: members working together in pools, and holders reassessing risk against future supply. In May, the narrator planned to follow whether games moved closer to players, how pool rewards were divided, and whether anyone addressed the anxiety over unlocks. April's onchain participation had not answered those questions.