Data on @tokenterminal states that @Plasma has quickly become the 2nd largest network on @aave by active loans.
At the current level of $868.7m value, Plasma skips a huge gap to the 3rd place - Arbitrum only at $295m.
It's an extraordinary growth even though Plasma has just gone live since September 2025, showing real demand for lending, not only initial hype:
+ $6.6b deposit over the first 48 hours
+ high utilization rate over the largest borrowing market - WETH and USDT
+ fewer options for borrowing, but deeper liquidity instead
+ the credit layer around USDT scores a strong point in how capital moves on Plasma
Also, Plasma has just introduced their card Plasma One that may connect a possible dot to the credit layer - a credit card that allows crypto as collateral assets. This sounds promising for Plasma.
