@Plasma is now sitting around $1.9B in stablecoin liquidity, with roughly three-quarters of that in USDT. That’s not idle capital. Weekly DEX volume has climbed past $160M, which tells me people are actively moving money, not just farming incentives and disappearing.

What really caught my eye, though, is fees. #Plasma apps pulled in roughly $330K in a single day. That’s still small compared to giants, but it’s important because it shows real economic activity. Low fees don’t mean no fees. They mean efficient settlement at scale.

On the token side, $XPL is trading near $0.08 with over 2B tokens circulating, so liquidity is there and price discovery is ongoing. Nothing guaranteed, obviously. Plasma still needs sustained daily flows and more builders.

But when stablecoins move, fees show up, and UX stays simple, that’s usually how real payment chains start proving themselves.