Interest successful Layer 1 blockchain projects has been rising by the day, and it's not hard to spot why. These projects are going to beryllium immense successful the future, but present are immoderate highlights:
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Layer 1 chains code the scalability problems of blockchain technology.
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They besides springiness users amended fees, speeds, and efficiency.
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Although we person seen an uptick successful caller Layer-1 blockchain projects, determination are a fewer that person genuinely stood out.
Here are our apical 3 picks of the champion Layer-1 blockchain projects to bargain astatine the commencement of 2022.
Polygon (MATIC)
Previously known arsenic the Matic Network, Polygon (MATIC) is simply a structured Ethereum scaling task designed to bring efficient, low-cost, and accelerated blockchain infrastructure.
Data Source: Tradingview.com
At the clip of writing, its autochthonal token MATIC was selling astatine $2.62. Polygon (MATIC) is up 13000% this year, and much could inactive travel from the coin successful 2022 arsenic capitalist sentiment towards Layer-1 blockchains grows.
Ethereum (ETH)
Ethereum (ETH) is the king of Layer -1 blockchains. Yes, the level has seen stiff contention from different newer options, but it inactive remains a coagulated concern simply due to the fact that of its immense infrastructure.
Over 4000 projects person launched connected the Ethereum network, and besides, ETH is the 2nd largest crypto aft Bitcoin. It’s truthful worthy it, and astatine the clip of writing, ETH was trading astatine astir $3794. Although it’s a spot little from its 2021 highs, ETH is inactive up 405% for the year.
Solana (SOL)
Solana (SOL) is possibly 1 of the astir promising alternatives to Ethereum. The web is promising amended speeds, debased costs, and cross-chain interoperability. So, acold it has earned a batch of respect and increasing enactment successful the crypto space.
Solana is besides seeing an uptick successful the fig of projects launching connected the network. This twelvemonth alone, its autochthonal token SOL has grown by a whopping 12000%. At the clip of writing, the coin was trading astatine $176.
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