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The latest new project requires 3 BNB to participate, scheduled from 8 PM to 10 PM on January 19, 2026. SENT token immediately hit the daily limit down before trading opens, and after the announcement, it instantly dropped 10%. BNB, on the other hand, remained very stable. Currently, leading projects are increasingly favoring financing through a well-known exchange's Pre TGE, but frankly, such new offerings only large funds can access. The current Alpha mechanism is becoming less friendly to small and medium accounts, and big projects no longer give away free airdrops. The grand scenes like $XPL are probably becoming history.
Speaking of $XPL, we have to talk about the project behind it—Plasma. In my opinion, this is the most promising player in the stablecoin infrastructure sector in 2025.
**What exactly is Plasma?**
Simply put, Plasma is a Layer 1 public chain, fully customized for global stablecoin payment scenarios. The main selling point is straightforward: transferring USDT on this chain costs no gas fees at all.
You read that right. Users sending USDT on Plasma don’t need to hold any native tokens to pay for gas. For ordinary users who just want to transfer stablecoins and don’t want to bother with on-chain operations, this is a game-changer.
**How does it achieve this technically?**
The key is the Protocol-Level Paymaster mechanism—the protocol itself has built-in subsidy logic, directly covering the gas costs for USDT transfers. When users send stablecoins, they don’t need to pre-accumulate any XPL tokens. This approach solves the longstanding problem of how to make blockchain applications accessible to newcomers without barriers.