Plasma (XPL) is emerging as a significant player in the stablecoin ecosystem, drawing comparisons to TRON's early growth. The cryptocurrency has seen its price rebound above $1, with analysts noting key resistance levels at $1.10–$1.15. If these levels are surpassed, XPL could target $1.44 and $1.69. The increased adoption of stablecoins in regions like South America, Africa, and Turkey is bolstering Plasma's infrastructure. The network is on track to achieve $1 trillion in annual transaction volume, echoing TRON's initial success. Tether's involvement and rising on-chain volume through Plasma One further underscore its growing influence.