According to @secondswap_io, XPL allocates over 40% to Ecosystem & Growth, 25% to the team, 25% to investors, and 10% to the public sale (source: @secondswap_io, X post on Oct 13, 2025). The post states that over 80% of total supply remains locked via cliffs and multi-year vesting, implying a circulating float under 20% during the lock-up period (source: @secondswap_io, X post on Oct 13, 2025). For traders, a sub-20% float typically tightens order-book depth and can heighten sensitivity to buy/sell pressure until scheduled unlocks expand circulating supply (source: @secondswap_io, X post on Oct 13, 2025). Monitoring official cliff and vesting unlock announcements is essential to anticipate supply inflection points and adjust liquidity and slippage assumptions accordingly (source: @secondswap_io, X post on Oct 13, 2025).