As the curtain rises on 2025, the cryptocurrency realm welcomes a new player poised for success. The emerging Layer 1 blockchain, Plasma, saw an unprecedented surge, amassing over $3.14 billion in total value locked (TVL) within merely 24 hours post-launch on September 25. This remarkable surge propelled Plasma to become the eighth-largest blockchain instantly. Concurrently, its native coin, XPL, witnessed a 35% rise, pricing it at $1.43, alongside a trading volume that surpassed $117 million and accrued transaction fees totaled $125,000.