Layer 1
Explore Layer 1 blockchains: secure, decentralized, and scalable foundations for the crypto ecosystem.
Top gainers this week
Top losers this week
$RIO · 7 days on top this week
Down 73 places this week, $TRX is losing steam
$TLOS climbed 44 places this week
$UBX +43 places this week
$PumpChain sank to a 9 gem score this week
A standout this week: $RIO reached a gem score of 76
76 tokens rose and 32 fell this week
Frequently asked questions
How has Layer 1 performed recently?
The Layer 1 category has shown a generally positive trend, with 69% of tokens experiencing an upward breadth over the past 7 days, and 58% over the past 30 days. Realio Network (RIO) stands out, leading in streaks with 7 consecutive days of strong performance in both the 7-day and 30-day windows, and also recorded the highest score extremes in both periods. Over the last 7 days, Alephium (AlphBridge) (ALPH) was a top climber with a 150.3% score percentage increase, while BELDEX (BDX) experienced the largest decline with a -50.7% score percentage. Looking at the 30-day period, Chainflip AMM (FLIP) was the strongest climber with a 91.2% score percentage increase, whereas Terminus had the most significant fall with a -63.1% score percentage. Wrapped Polygon Ecosystem Token (WPOL) and AIOZ Network (AIOZ) were notable new entrants into the top rankings over the 30-day period, with AIOZ Network also entering the top rankings in the 7-day period.
What defines a Layer 1 blockchain?
A Layer 1 blockchain is a base network that processes and finalizes transactions on its own independent chain. It is the fundamental infrastructure upon which decentralized applications and other layers are built.
What are the core characteristics of Layer 1 blockchains?
Layer 1 blockchains are typically characterized by their ability to achieve decentralization, security, and scalability. They implement their own consensus mechanisms, such as Proof-of-Work or Proof-of-Stake, to validate transactions and secure the network.
Why are Layer 1 blockchains important for the cryptocurrency ecosystem?
Layer 1 blockchains are crucial because they provide the foundational security and infrastructure for the entire ecosystem. They enable the creation and execution of smart contracts, host various decentralized applications, and support the issuance of other tokens.
What challenges do Layer 1 blockchains face?
Layer 1 blockchains often grapple with the 'blockchain trilemma,' a challenge in simultaneously optimizing decentralization, security, and scalability. Enhancing one aspect can sometimes lead to trade-offs in the others, leading to ongoing development and innovation to improve performance.