Top Layer 1 Tokens by Market Capitalization

Layer 1 (L1) blockchains act as the foundational infrastructure of the Web3 ecosystem, independently processing and recording transactions. These base networks utilize native consensus mechanisms to ensure security and decentralization. Developers build decentralized applications (dApps) and smart contracts directly on top of these chains. Prominent examples include Bitcoin, Ethereum, and Solana.

Coin

Price

Last 7 Days

Action

Bitcoin

BTC

$ 81,768.67

+0.14%

-1.86%

-0.27%

$ 1.64T

$ 5.68K

Ethereum

ETH

$ 2,420.44

-0.12%

-3.43%

-2.50%

$ 295.45B

$ 102.12K

Binance Coin

BNB

$ 730.2

-0.02%

-1.87%

-0.95%

$ 97.19B

$ 17.70K

XRP

$ 1.3271

-0.19%

-3.00%

-4.26%

$ 83.75B

$ 34.97M

Solana

SOL

$ 104.52

-0.07%

-2.86%

-4.91%

$ 61.49B

$ 656.89K

Tron

TRX

$ 0.332

-0.03%

+0.54%

-0.12%

$ 31.55B

$ 30.73M

Hyperliquid

HYPE

$ 80.33

-0.31%

-1.98%

-4.74%

$ 20.49B

$ 20.65K

Zcash

ZEC

$ 1,139.37

-0.08%

-9.66%

-5.23%

$ 19.30B

$ 5.10K

Monero

XMR

$ 552.5

+0.28%

+0.50%

+2.61%

$ 10.43B

$ 6.22K

Cardano

ADA

$ 0.2283

-0.91%

-3.72%

-2.15%

$ 8.39B

$ 20.01M

Stellar

XLM

$ 0.1824

-0.22%

-3.95%

-5.44%

$ 6.40B

$ 2.90M

NEAR

$ 4.8078

-0.13%

-6.16%

+3.88%

$ 6.30B

$ 970.80K

Bitcoin Cash Node

BCH

$ 268.8

-0.11%

-3.17%

-2.82%

$ 5.40B

$ 8.66K

Litecoin

LTC

$ 59.34

-0.08%

-3.81%

-6.32%

$ 4.61B

$ 111.41K

Canton Network

$ 0.11419

-0.70%

-7.91%

-3.88%

$ 4.55B

$ 3.35M

Avalanche

AVAX

$ 9.899

-0.50%

-3.36%

-2.86%

$ 4.40B

$ 67.21K

SUI

$ 1.0195

-0.41%

-3.75%

-2.76%

$ 4.19B

$ 3.42M

GRAM(prev.Toncoin)

GRAM

$ 1.349

-0.81%

-1.96%

-2.24%

$ 3.82B

$ 604.76K

Hedera

HBAR

$ 0.08397

-0.36%

-3.38%

-7.18%

$ 3.70B

$ 6.15M

Bittensor

TAO

$ 269.07

-0.07%

-3.83%

-1.14%

$ 3.13B

$ 4.21K

Cronos

CRO

$ 0.05772

-0.43%

-3.09%

-3.46%

$ 2.86B

$ 2.73M

MemeCore

$ 0.82184

+0.36%

-1.90%

-21.85%

$ 1.89B

$ 71.73K

Internet Computer

ICP

$ 3.025

-0.39%

-2.69%

+1.37%

$ 1.69B

$ 138.91K

Ethereum Classic

ETC

$ 7.9

-0.50%

-2.59%

-2.35%

$ 1.26B

$ 25.07K

Algorand

ALGO

$ 0.1145

-0.56%

-4.36%

-1.96%

$ 1.04B

$ 3.02M

Kaspa

KAS

$ 0.036699

-0.38%

-6.25%

-6.82%

$ 1.02B

$ 27.35M

Filecoin

FIL

$ 1.0941

+0.24%

-6.20%

+1.33%

$ 912.52M

$ 4.59M

Pi Network

$ 0.07835

-1.14%

-2.99%

-4.13%

$ 878.42M

$ 1.58M

Injective

INJ

$ 7.655

-0.18%

-6.32%

+10.20%

$ 763.58M

$ 505.16K

XDC Network

XDC

$ 0.03417

+0.15%

-1.01%

+4.14%

$ 734.90M

$ 3.65M

Aptos

APT

$ 0.8106

-0.73%

-3.11%

+7.85%

$ 715.77M

$ 533.13K

Beldex

BDX

$ 0.08276

-0.34%

-6.53%

+7.16%

$ 649.38M

$ 6.40M

VeChain

VET

$ 0.007024

-0.24%

-5.28%

-8.98%

$ 601.90M

$ 8.54M

Flare

FLR

$ 0.006682

-0.12%

-2.44%

-2.37%

$ 581.99M

$ 10.78M

TIA

$ 0.5508

+0.20%

-4.38%

+8.28%

$ 506.70M

$ 3.42M

SEI

$ 0.06191

-0.19%

-4.82%

-7.04%

$ 468.59M

$ 4.09M

Plasma

XPL

$ 0.08032

-0.24%

-3.42%

-4.49%

$ 363.44M

$ 5.17M

Provenance Blockchain

HASH

$ 0.00610433

-2.81%

-0.18%

-18.67%

$ 360.58M

$ 4.54K

Tezos

XTZ

$ 0.3063

-0.33%

-4.56%

+5.59%

$ 336.00M

$ 225.82K

Gnosis

GNO

$ 114.39

-0.46%

-1.93%

-1.55%

$ 300.93M

$ 533.32

Decred

DCR

$ 16.059

-0.64%

-2.34%

-7.92%

$ 282.89M

$ 4.12K

Monad

MON

$ 0.0239

-0.34%

-4.34%

-2.22%

$ 281.44M

$ 5.69M

Kaia

KAIA

$ 0.04338

-1.48%

-6.62%

+15.20%

$ 278.87M

$ 2.08M

Arweave

$ 3.788

+0.21%

-6.46%

-6.09%

$ 249.15M

$ 53.13K

OriginTrail

TRAC

$ 0.44

+3.36%

+5.53%

+11.29%

$ 224.30M

$ 443.87K

MIOTAC

IOTA

$ 0.04721

-0.34%

-4.55%

-4.69%

$ 220.79M

$ 1.43M

THORChain

RUNE

$ 0.6398

-0.08%

-2.75%

-5.34%

$ 210.24M

$ 433.49K

Theta Network

THETA

$ 0.194298

-0.47%

-0.05%

-8.88%

$ 194.30M

$ 3.42M

$ 0.10305

+0.85%

+3.73%

+8.26%

$ 173.24M

$ 681.97K

ONYXCOIN

XCN

$ 0.0040675

+0.21%

-7.18%

-2.19%

$ 164.07M

$ 1.84M

Frequently Asked Questions

What are Layer 1 (L1) cryptocurrencies?

Layer 1 (L1) cryptocurrencies are the native tokens of independent blockchain networks. Layer 1 networks possess their own consensus mechanisms and process transactions directly on their own foundational architecture.

How do Layer 1 blockchains differ from Layer 2 scaling networks?

Layer 1 blockchains serve as the base security and settlement layer. In contrast, Layer 2 scaling networks are built on top of Layer 1 blockchains to execute transactions faster and cheaper, eventually settling the final data back to the Layer 1 chain.

What factors drive the market valuation of Layer 1 tokens?

The market valuation of Layer 1 tokens is primarily driven by developer adoption, active user metrics, the total value locked (TVL) within the network, and the utility required to pay for Layer 1 transaction fees.

Why are network transaction fees necessary for Layer 1 blockchains?

Network transaction fees on Layer 1 blockchains incentivize miners or validators to process operations and secure the ledger, while simultaneously preventing malicious spam attacks on the Layer 1 network.

What is the blockchain trilemma in Layer 1 networks?

How does the consensus mechanism affect a Layer 1 blockchain?

Disclaimer

The inclusion of digital assets in the Layer 1 (L1) sector, along with the classification rules and market data, are sourced from independent third parties. Listing a token in this category does not constitute an endorsement, guarantee, or investment recommendation by MEXC. All content is for informational purposes only. Cryptocurrency prices are subject to market fluctuations; please conduct your own research (DYOR) and trade cautiously.

Top Layer 1 Tokens by Market Capitalization

Tradable Crypto

Category

Smart Contract Platform

Layer 1 (L1)

Proof of Work (PoW)

Other Crypto

New Crypto

Frequently Asked Questions

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