[Plasma Attracts Over $4 Billion in Cryptocurrency Within 24 Hours of Launch, Ranking Eighth in Blockchain DeFi Deposit Value] BlockBeats news, on September 27, the stablecoin Layer 1 blockchain Plasma absorbed over $4 billion in cryptocurrency within 24 hours of its launch, ranking eighth in blockchain DeFi deposit value. This achievement is primarily attributed to Plasma's lending vault and the ability for users to earn the network's native token XPL through assets locked in partnered DeFi protocols. Plasma's initial success has driven the price of the XPL token upward, with XPL rising 30% from its opening price to approximately $1.2, corresponding to a fully diluted valuation of nearly $12 billion. This marks a 24-fold increase compared to its $50 million valuation during the public sale in June. For investors who participated in Plasma's seed round on the early-stage investment platform Echo last November, this translates to an astonishing 324-fold return.