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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
351
Rubix
Rubix
RBT
$ 95.45
+5.47%
+9.35%
+9.35%
--
$ 79.42
352
P2P
P2P
P2P
$ 0.0000866
-0.68%
-0.23%
-0.23%
--
$ 284.60M
353
Massa
Massa
MAS
$ 0.00368
+1.62%
+2.17%
+2.17%
--
$ 15.72M
354
Klever Finance
Klever Finance
KFI
$ 0.309
+0.13%
+0.32%
+0.32%
--
$ 41.10K
355
RYO Token
RYO Token
RYO
$ 4.323
+0.76%
+1.42%
+1.42%
--
$ 48.77K
356
Paxi Network
Paxi Network
PAXI
$ 0.01323
-4.30%
-1.06%
-1.06%
--
$ 305.86K
357
CESS Network
CESS Network
CESS
$ 0.002744
+0.14%
+0.66%
+0.66%
--
$ 22.63M
358
ZETRIX
ZETRIX
ZETRIX
$ 10.731
+0.07%
0.00%
0.00%
--
$ 12.55K
359
Collaterize
Collaterize
COLLAT
$ 0.002211
+7.19%
+6.41%
+6.41%
--
$ 24.32M
360
Realio
Realio
RIO
$ 0.11858
+5.68%
-4.90%
-4.90%
--
$ 2.39M
361
Splendor
Splendor
SPLD
$ 0.251
+1.49%
+5.77%
+5.77%
--
$ 180.25K

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.

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.