Plasma’s Meteoric Rise: 57% Surge as TVL Approaches $4 Billion Milestone
Plasma rockets past competitors with explosive 57% gain—defi's sleeping giant awakens as total value locked nears the psychological $4 billion threshold.
The Scaling Solution Breaking All Rules
While traditional finance still debates blockchain adoption, Plasma's architecture quietly processes transactions at speeds that make legacy systems look prehistoric. The protocol's surge comes not from hype but from tangible infrastructure improvements that actually deliver what others promise.
TVL Tells the Real Story
That nearly $4 billion in total value locked represents more than just numbers—it's capital voting with its digital feet. Institutional money flows where efficiency meets profitability, leaving slow-moving traditional banks wondering why their 'innovation labs' haven't produced anything beyond press releases.
The Cynical Take
Wall Street analysts who dismissed crypto as a 'fad' now scramble to explain how a protocol they've never heard of attracts more value than some small nations' GDP—maybe those MBA programs should add a 'blockchain for clueless bankers' module.
Plasma (XPL) Finds Support at $1.1 – Can It Keep Rising?
Looking at the hourly chart, the token has encountered some strong selling pressure at $1.4 and has dipped twice to the $1.1 level shortly afterward.
However, its ability to recover once it hits that level shows that buying interest is still strong for XPL.
Plasma’s use case is interesting, as this WOULD be the first network to specialize in stablecoin transfers. Its early success on Aave shows that there’s significant interest for this kind of solution out there.
The Relative Strength Index (RSI) is hovering NEAR overbought territory, but we would need many more days to be able to analyze the price action in a way that one can predict a path for XPL.
As long as the $1.1 support holds, the price of this token should continue to rise. A plausible target in the near term could be $2, as that would mean a market cap of $3.6 billion, which results in a TVL-to-Market-Cap ratio of 100%.
This is not an unfathomable ratio for a nascent project with such good prospects.
Early buyers may have been the ones to reap the highest returns out of their XPL investment. New crypto presales like Pepenode ($PEPENODE) are still flying below the market’s radar and could be the next in line to deliver big gains.
Pepenode ($PEPENODE) Gamifies Meme Coin Mining – Raises $1.4M in a Heartbeat
Pepenode ($PEPENODE) is a mine-to-earn (M2E) game that offers a fun way to gain big by mining meme coins and climbing the leaderboard.
The game keeps participants engaged from day one through its VIRTUAL mining system. To get started, players set up a virtual server and can add rigs to start mining $PEPENODE. They can further invest in fine-tuning and upgrading their setup to mine more and reach the top.
Top miners can unlock bonus airdrops of well-known meme coins like $PEPE and $FARTCOIN, along with the respective bragging rights.
The project also tackles some of the issues that have plagued the reputation of other presales with anti-bot protections, referral rewards, and a deflationary model that burns 70% of the $PEPENODE tokens spent on upgrades.
With nearly $1.5 million raised in under a month, it’s clear that this gamified approach to mining has already captured investors’ attention.
For those who want to get in early, the presale is already live. Simply visit the official Pepenode website, connect your wallet (e.g., Best Wallet), and swap USDT, ETH, or SO.
Or you can also use a bank card to invest.
Buy PEPENODE Here
The post Next Crypto to Explode: Plasma Surges by 57% as TVL Nears $4 Billion appeared first on icobench.com.
