Well, a cool plot might be that the next generation stumbles upon a time - travel spell. They end up going back in time to when the original Fairy Tail was just starting out. They learn a great deal about the values and struggles of the founders, which then helps them solve a big problem in their own time. Maybe they find a way to prevent a powerful dark guild from rising again by using the lessons they learned from the past.
In a 'Fairy Tail meets the Next Generation fanfiction', an interesting plot could be that the next - gen characters face a new, extremely powerful enemy. However, they find that the key to defeating this enemy lies in the long - forgotten friendships and rivalries within the original Fairy Tail. So they have to seek out the now - retired or older members of Fairy Tail to understand these relationships better and unlock the power to defeat the foe. For example, they might learn about a special bond between Natsu and Gray that had a unique magical energy, and they have to figure out how to recreate or use that energy in their fight.
One idea could be that the next generation discovers a hidden spell from the old Fairy Tail days that has the power to either save or endanger the guild. Another could be a tournament where the newbies team up with old - school Fairy Tail members to compete against other guilds.
One idea could be that the next - gen characters discover a long - lost magic that was sealed away by the first generation. This new magic could bring both great power and great danger.
You could write about how the next generation faces a new, more powerful dark guild. They might have to learn from the past adventures of their parents while also coming up with their own strategies. This could involve training arcs where they master their magic in unique ways, different from their predecessors. And perhaps they'll find hidden powers within themselves that were dormant until this new threat emerged.
One idea could be the children of Natsu and Lucy having to deal with a new dark guild that has emerged. They inherit their parents' powers but also have to figure out how to use them in new ways to combat this threat.
One idea could be that the new generation has to face a powerful dark guild that is threatening the academy. They might discover new magic types along the way. For example, a character could find a lost ancient magic within the academy's hidden chambers.
One idea could be the children of the main Fairy Tail characters going on a quest to find a lost magical artifact that was once safeguarded by the guild. This would test their skills and teamwork, just like their parents before them.
One plot idea could be that Nash and Reiki are on a mission together to save a magical artifact. Along the way, they discover new powers within themselves and their relationship deepens as they rely on each other for survival. Another idea is that there is a misunderstanding between them which causes a rift, but they eventually overcome it through communication and their shared love for their guild.
One idea could be that the children of the original Fairy Tail members have to form teams in high school to compete in magical battles, just like their parents did in the guild. This would create a lot of interesting rivalries and friendships.
One idea could be that the Fairy Tail guild travels to the Naruto world somehow. They could team up with the ninja to fight a common enemy like a powerful dark magic user who has also invaded the ninja world. Maybe Natsu's fire magic could be compared and combined with Sasuke's fire jutsu in some unique ways during battles.
One idea could be that Igneel appears in a time when Fairy Tail is facing an enemy they can't defeat. Igneel's power and wisdom help turn the tide. For example, he could teach Natsu some new and powerful dragon slaying magic that Natsu then uses to overpower the foe.
One interesting plot could be the children of the original Fairy Tail members facing a new and powerful dark guild. Their love interests might be intertwined with the struggle, like a young wizard falling in love with a member of a rival guild who is actually an undercover ally. This adds drama and tension to the story.