Arbitrum

Plasma

DeFi

Base

<p>Plasma’s total value locked (TVL) surged nearly 17% in the past 24 hours, reaching $6.32 billion and overtaking Tron ($6.30B), Base ($5.39B), and Arbitrum ($4.07B). The network now ranks as the fifth-largest blockchain by DeFi TVL, reflecting rapid capital inflows amid growing stablecoin adoption.&nbsp;</p>
<p>According to data from <a href="https://defillama.com/chain/plasma" target="_blank" rel="noopener noreferrer nofollow">DeFiLlama</a>, Plasma’s bridged TVL stood at $6.33 billion, while stablecoin market capitalization reached $63 million, marking a strong inflow of liquidity into its ecosystem. Plasma’s DeFi ecosystem currently hosts 39 active protocols, generating $49,422 in daily chain fees and posting a 12% growth in the past week, a sign of both increased network usage and investor confidence.</p>
<h2 class="wp-block-heading" id="plasma-s-rise-in-the-stablecoin-hierarchy">Plasma’s rise in the stablecoin hierarchy</h2>
<p>This sharp upswing follows months of building in the stablecoin sector, where Plasma slowly emerged. The network’s low-cost architecture and integrations with major wallets have fueled on-chain activity, with DeFi participants migrating liquidity from higher-fee alternatives like Tron.</p>
<div class="wp-block-image">
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  <img loading="lazy" width="1200" height="273" src="https://www.cryptotimes.io/wp-content/uploads/2025/10/DeFi-TVL-ranking-1200x273.png" alt="DeFi TVL ranking. Source: DefiLlama">
  <figcaption>
   DeFi TVL ranking. Source: <a href="https://defillama.com/chains" target="_blank" rel="noopener noreferrer nofollow">DefiLlama</a>
  </figcaption>
 </figure>
</div>
<p>Plasma’s recent dominance also underscores its growing relevance in global stablecoin infrastructure. By providing fast, low-friction settlement rails, it’s now challenging incumbents such as Base and Arbitrum, which have struggled to match its pace of stablecoin inflows.</p>
<h2 class="wp-block-heading" id="trust-wallet-partnership-deepens-ecosystem-reach">Trust Wallet partnership deepens ecosystem reach</h2>
<p>Last week, Plasma <a href="https://www.cryptotimes.io/2025/10/07/plasma-teams-up-with-trust-wallet-to-expand-in-stablecoin-market/" target="_blank" rel="noopener noreferrer nofollow">announced a partnership</a> with Trust Wallet, enabling over 210 million users to send, receive, and manage stablecoins directly on Plasma’s chain. This integration supports instant and zero-fee USDT transfers, providing users, particularly in emerging markets, with faster and cheaper payment rails.</p>
<p>Plasma’s partnership with Trust Wallet underscores its push to close the accessibility gap in global crypto finance, pairing the wallet’s 210 million users with Plasma’s fast, low-cost rails. In markets where stablecoins already function as everyday savings tools, this integration could sharply expand Plasma’s user base and transaction volume.</p>
<p>The move reflects a broader convergence between payments and blockchain infrastructure. With rising liquidity, new integrations, and growing stablecoin volume, Plasma isn’t following the trend, it’s quietly becoming the infrastructure beneath it.</p>
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 <p>Also read: <a href="https://www.cryptotimes.io/2025/10/03/plasma-partners-with-chainlink-to-power-stablecoin-infrastructure/" target="_blank" rel="noopener noreferrer nofollow">Plasma Partners With Chainlink to Power Stablecoin Infrastructure</a></p>
</blockquote>

Plasma’s TVL Surges 17% 24 Hours, Beating Tron, Base, And Arbitrum

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The Crypto Times

Other articles published on Oct 9, 2025

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