What is GLB?
GLB is glTF packed into a single binary file - geometry, materials, textures and a node hierarchy in one blob. It is the format the web actually uses for 3D, and the one most viewers, AR tools and game engines want.
What is PLY?
PLY, the Stanford triangle format, came out of 3D scanning, and it shows: it carries per-vertex extras like colour and confidence that most mesh formats have no room for. It exists as ASCII and binary; FileSorcery reads the ASCII form.