Last week on Plasma One: 88 Platinum subscriptions, the highest amount since launch week, officially surpassing 1,000 memberships. 2.2% of of the circulating supply & 1% of the fully diluted XPL supply is locked for Platinum memberships. Another card spend ATH ($6.83mm) for the fourth week in a row, growing at a compounded rate of 8.4% WoW and 31.5% MoM since launch. TVL officially surpassed $25mm across Checkings & Earn. We believe this could be converted into a major revenue source at scale. This has continue to show strong growth, even as spend increases showing sustained demand for the product. The top 1% of spenders (362 accounts) are responsible for nearly 45% of all on-chain spending. This showcases that there is significant demand from high earners, who will disproportionately drive revenue and earnings - especially with cashback caps.