By definition of exponent operator on ordinals, we have $$0^\omega=\lim_{\xi\to\omega}0^\xi$$
However, Note that $0^\xi$ is not increasing, so if we still let $\lim_{\xi\to\omega}0^\xi=\sup\{0^\xi|\xi<\omega\}$ then it is followed by $$0^\omega=\sup\{1,0,0,\ldots\}=1$$ An incredible result.
Nevertheless if we use the definition of limit superior $$\overline{\lim}_{\eta\to\beta}\alpha^\eta:=\inf_{\eta < \beta}\sup_{\eta \le\xi<\beta}\alpha^\xi$$ and limit inferior $$\underline{\lim}_{\eta\to\beta}\alpha^\eta:=\sup_{\eta < \beta}\inf_{\eta \le\xi<\beta}\alpha^\xi$$ then we get $$\lim_{\xi\to\omega}0^\xi=\underline{\lim}_{\xi\to\omega}0^\xi=\overline{\lim}_{\xi\to\omega}0^\xi=0$$
Conceivable, but this is not the end of the story. Let's consider about $m^n$ with $0<m,n< \omega$. Since exponent operator is continuous in the second slot, this sentence following must hold: $$m^n=\lim_{\xi\to n}m^\xi=\underline{\lim}_{\xi\to n}m^\xi=\overline{\lim}_{\xi\to n}m^\xi=m^{n-1}$$ fail when $1<m$.
So can we find a perfect definition of limit on ordinals?
Update:
By the way, if we deal the Ordinal class as a discrete topology space, then $\{\alpha\}$ is a neighborhood of $\alpha$, hence $\{\alpha\}$ must in every filterbase which converge to $\alpha$. So if we let $$\overline{\lim}_{\eta\to\beta}\alpha^\eta:=\inf_{\eta \le \beta}\sup_{\eta \le\xi\le\beta}\alpha^\xi$$ and $$\underline{\lim}_{\eta\to\beta}\alpha^\eta:=\sup_{\eta \le \beta}\inf_{\eta \le\xi\le\beta}\alpha^\xi$$
Then $$\alpha^\beta=\lim_{\xi\to \beta}\alpha^\xi=\underline{\lim}_{\xi\to \beta}\alpha^\xi=\overline{\lim}_{\xi\to \beta}\alpha^\xi$$ hold for every $(\alpha,\beta) \in \mathbb O^2$
But actually it cannot be a definition since $$\inf_{\eta \le \beta}\sup_{\eta \le\xi\le\beta}\alpha^\xi:=\inf\{\sup\{\alpha^\xi|\eta \le\xi\le\beta\}|\eta \le \beta\}$$ but $\{\alpha^\xi|\eta \le\xi\le\beta\}$ contains $\alpha^\beta$!
Update: Edited title. The eventual question is as title illustrates.
You asked in your comment:
Let me try to address this, although this is not an answer to your original question.
The notion of limit of of transfinite sequence is defined only for limit ordinals see e.g. Wikipedia
Some authors consider only increasing sequences, see e.g. Kechris: Classical Descriptive Set Theory p.349 or Sierpinski: Cardinal and ordinal numbers, p.287 or Kuratowski, Mostowski: Set Theory: p.231. In the case of increasing (non-decreasing) sequence we have $\lim_{\xi\to\alpha} \beta_\xi=\sup\{\beta_\xi; \xi<\alpha\}$.
However, it makes sense to define limit of any transfinite sequence $(\beta_\xi)_{\xi < \alpha}$, if $\alpha$ is a limit ordinal. (We do not have to use only monotone sequence.)
A transfinite sequence transfinite sequence $(\beta_\xi)_{\xi < \alpha}$ converges to an ordinal $\beta\ne0$ if, for every ordinal number $\gamma<\beta$, there exists an ordinal number $\eta < \alpha$ such that $\gamma <\beta_\xi\le\beta$ whenever $\eta <\xi < \alpha$.
$$(\forall \gamma <\beta) \quad (\exists \eta < \alpha) \quad (\forall \xi) \qquad (\eta<\xi<\alpha \Rightarrow \gamma < \beta_\xi \le \beta) $$
A transfinite sequence $(\beta_\xi)_{\xi < \alpha}$ converges to $0$ if it is eventually equal to zero. $$(\exists \eta < \alpha) \quad (\forall \xi) \qquad (\eta<\xi<\alpha \Rightarrow \beta_\xi =0) $$
If you are familiar with nets, you can notice that this is the same as limit of the transfinite sequence $(\beta_\xi)_{\xi< \alpha}$ considered as a net in the order topology on $\lambda$, where $\lambda$ is any ordinal larger than all $\beta_\xi$'s.
The basis for the order topology on some totally ordered set $X$ consists of sets of the form $(-\infty,b)=\{x\in X; x<b\}$, $(a,\infty)=\{x\in X; a<x\}$ and $(a,b)=\{x\in X; a<x<b\}$ for $a<b$.
It is not difficult to notice, that if $\beta>0$ then neighborhood basis of $\beta$ (as an element of some $\lambda>\beta$ with order topology) consists of all sets of the form $(\gamma,\beta+1)$ where $\gamma>\beta$. Precisely these sets were used in the above definition.
Neighborhood basis at $0$, cannot be described in that way, that's why I had to treat the case $\beta=0$ separately. (In this case, we can take the neighborhood basis consisting of the single set $(-\infty,1)=\{0\}$.) Thanks for letting me know that the definition I suggested originally wasn't working.