This data is worth watching, but it’s not a conclusion: as of 2026/11/15 21:34:47, DefiLlama recorded Plasma One TVL at about $30.77M, down 13.4% over the past 24 hours. TVL measures the amount locked at a specific point in time; it’s not the same as net inflows. I look at both the absolute size and the rate of change, since a low base can amplify movements. My approach is to first see whether volume and price can sustain their momentum, rather than rushing to chase a single news item.