Morgan and FIFA are opting for tailored Avalanche L1s....Avalanche now supports 75 active L1s and over 845 total validators....of L1s live on Avalanche reflects how flexible the architecture is....Maplestory N runs on Henesys, their own Avalanche L1 tailored for the MSU ecosystem....Unlike the other projects, Mogul doesn’t run its own dedicated L1.

Avalanche L1s: Pre-Etna Avalanche L1s pre-Etna were built for scalability and blockspace abundance....the L1’s performance. ...All staking-related operations for the Avalanche L1 are handled by the L1’s validator manager....Any assets on the Avalanche L1 will be solely under the purview of the L1.

While Ethereum’s blocks have been nearly full for over a year, we’ve seen multiple L1 & L2 networks...for independently secured modules whereas Ethereum, Polkadot, Near, and Celestia (a relatively new L1...Rollups post all their transaction data on L1 so that any L1 node willing to put the resources together...

Most L1s already have the significant majority of their supply staked (ETH is currently the outlier for...

Chart of The Day: Avalanche and Cosmos Lead L1 Recovery The crypto markets experienced a tumultuous...This, of course, had a knock-on effect on the rest of the market, including other L1s....For more on L1s, you can read more on our Delphi Pro report on L1s vs L2s here. Paywall removed!

Chart of The Day: Near Leads L1 Recovery NEAR led the L1 recovery by growing by ~50% over the past...With LFG putting buy pressure on BTC, it has outperformed multiple other L1s like CRO, AVAX, BNB, and...Chart of The Day: Near Leads L1 Recovery NEAR led the L1 recovery by growing by ~50% over the past […...

Chart of The Day: Some L1s Win, Some L1s Lose Since the BTC bottom around Jan. 24th, most L1s have...With BTC recovering recently, most L1 tokens are still underwater even as BTC approaches +20% from its...Surprisingly enough, AVAX seems to move with a higher correlation to BTC relative to other L1s.

ETH Lags Other L1s Over the past 30 days, ETH has struggled to keep up with other L1 tokens....likely cause for this has been the flurry of announcements regarding new incentive programs on these L1s...L1s Battle For Liquidity Solana, Terra, Avalanche and Fantom have all seen a surge in TVL over the past...

L1s Can’t Stop, Won’t Stop BTC is and has been leading the market for a few weeks now....When BTC momentum slows down, L1 tokens often perform better than any category....L1s have been the best performing tokens since the June bottom — and quite frankly, they boast the highest...Most L1 tokens (especially SOL) experienced a strong catch-up move today.

...technical perspective and, and everything, but it’s like Hyperliquid really f- was bad for like the L1...And- Yeah, I think all L1s, I agree that it’s sort of like the app chain thesis that I think we were...At least that was the initial bet on, on why L1s would have a premium, and the use that would ha- and...

Total Value Locked Note: Ethereum TVL is on a separate axis to better highlight fluctuations in other L1...

Each outperforming L1 has its own narrative driving price....What stands out, however, is ETH’s underperformance relative to other L1 assets....The recent L1 surge, ETH heats up, and BTC liquidity improves.

Monster August for L1s Layer 1 coins have done extremely well over August, thanks in part to several...

The market is no longer paying premiums for L1 narratives. Cash flows will be the kingmaker....Reflexivity HYPE
 16.9x Trading demand is perennial; increasing via commodities & equities Owns L1...L1s, L2s, lending, stablecoin CDPs, DEXs, RWAs, DePIN networks, and more.

Stablecoins | The Next Frontier in Financial Infrastructure And stablecoin-optimized infrastructure (L1s...Stablecoin-Chain Wars Launching the nth general-purpose There needs to be a differentiator, and 
 L1...Instead, most general-purpose L1s are optimized for a very different set of priorities, specifically...(blockchains, dedicated stablecoin L1s, etc.)...

The first deep dive report laid out the architecture: a purpose-built L1 for proof verification....With zkVerify, praying in vain for the L1 to add precompiles for your proof system is over....Offloading proof verification from L1s serves to both lower nominal costs and stabilize costs over time...

Not “AI focused” L1s like TAO, NEAR, or ICP....rollup roadmap: theory – issue assets on eth l1, bridge to l2. can escape hatch back to L1 if needed...and L1 apps launching their own general-purpose L1s....NR Inherits Ethereum L1 security through ZK proofs, while shards inherits Ethereum L1 security directly...

02/2024 – 08/2024 In less than 2 years, over $53M in settlement fees have been paid to the Ethereum L1...on zk rollups to reach parity over the next few years, the total ZKP settlement payout to Ethereum L1...Proof Verification Design: The proof verification mechanism is handled by the Mainchain, an L1 built...

It has evolved from a promising but embattled L1 to a vibrant hub for trading, DeFi, and is now home...inclusion not always being guaranteed and where in the block you get placed, is what plagues Solana L1...Layer 2) with ZK proofs shines on latency and zero-fee potential, Drift’s L1 looks limited due to the...

But now we have a lineup of several EVM L1s and L2s that are breaking past 10,000 (Theoretical TPS) and...Ethereum is slowly but progressively increasing the L1 gas limit....Many EVM-based L1s and L2s are now aiming for giga-scale gas throughput....second by 2025, Fuel’s new Redacted project aims to reach giga gas throughput with 150K TPS, Sei, an L1...