The Gold Financial reported that in 2024, on-chain and market activity on the first layer (L1) Blockchain networks, including Ethereum, Solana, and Bitcoin, decreased significantly. Researchers Tanay Ved and Matías Andrade from Coin Metrics emphasized the challenges these networks are facing as the total fees and token performance have decreased below the early year's peak.
The report by Coin Metrics researchers Tanay Ved and Matías Andrade shows that the first layer (L1) blockchain performed strongly in early 2024 but lost momentum afterwards. Data shows that the year-to-date return rate of most L1 Tokens has decreased to below 50%, leading to a decrease in total fees due to a decrease in trading volume.
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Báo cáo: Blockchain L1 sẽ giảm tốc độ hoạt động vào năm 2024 do hoạt động giảm sút
The Gold Financial reported that in 2024, on-chain and market activity on the first layer (L1) Blockchain networks, including Ethereum, Solana, and Bitcoin, decreased significantly. Researchers Tanay Ved and Matías Andrade from Coin Metrics emphasized the challenges these networks are facing as the total fees and token performance have decreased below the early year's peak. The report by Coin Metrics researchers Tanay Ved and Matías Andrade shows that the first layer (L1) blockchain performed strongly in early 2024 but lost momentum afterwards. Data shows that the year-to-date return rate of most L1 Tokens has decreased to below 50%, leading to a decrease in total fees due to a decrease in trading volume.