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

301

Photon

PHOTON

$ 0.01013773

+0.46%

-0.19%

-20.12%

$ 18.19K

$ 1.21K

302

Xian

XIAN

$ 0.0010008

0.00%

$ 17.31K

$ 9.89

303

Kylacoin

KCN

$ 2.12

0.00%

-0.11%

+0.95%

$ 15.88K

$ 46.98

304

NeurochainAI

NCN

$ 3.278E-5

-3.79%

-3.46%

-3.79%

$ 14.75K

305

Taker Protocol

TAKER

$ 7.883E-5

0.00%

$ 13.40K

306

Fennec

FNNC

$ 0.00112871

0.00%

-0.02%

-12.48%

$ 12.71K

$ 30.15

307

Nexus

NEX

$ 0.0000005673

-1.89%

+3.57%

-9.26%

$ 111.80B

308

XTM

$ 0.0007879

+4.59%

-10.26%

-30.69%

$ 12.71M

309

XEN Crypto

XEN

$ 0.000000002892

-1.14%

+1.83%

-12.29%

$ 18.12T

310

Turingbitchain

TBC

$ 3.842

+0.81%

-2.04%

-11.96%

$ 11.02K

311

xx network

$ 0.0022

0.00%

-10.75%

$ 11.25K

312

TICS

$ 0.000424

-0.23%

+1.42%

+0.23%

$ 38.76M

313

QoreChain

QOR

$ 0.003288

+0.03%

-0.63%

+2.62%

$ 9.89M

314

Incentiv

CENT

$ 0.00271

0.00%

-0.40%

-11.98%

$ 47.62M

315

SedraCoin

SDR

$ 0.000001661

-0.60%

+1.34%

-24.16%

$ 304.77M

316

Nesa

NES

$ 0.13846

+0.46%

-0.10%

-13.26%

$ 415.37K

317

Bityuan

BTY

$ 0.023

0.00%

-2.39%

+0.39%

$ 563.30K

318

REAL

ASSET

$ 0.15053

-0.27%

+2.16%

-11.24%

$ 379.93K

319

Ritual

RITUAL

$ 0.03994

0.00%

-6.88%

+42.43%

$ 2.14M

320

QIE Blockchain

QIE

$ 0.15445

0.00%

+3.01%

-11.48%

$ 7.82K

321

STOC

$ 0.8789

-0.35%

-0.01%

+0.22%

$ 37.89K

322

Ozone Chain

OZO

$ 0.2349

-0.30%

+8.54%

+79.06%

$ 1.35M

323

ULTIMA

$ 900.26

-0.05%

-6.41%

-25.81%

$ 246.92

324

Ice Open Network

ION

$ 0.00005151

0.00%

+5.06%

+5.60%

$ 53.84M

325

STABLE

$ 0.025686

-0.24%

+0.01%

+1.75%

$ 2.34M

326

Quack AI

$ 0.028146

-1.15%

+4.49%

+4.82%

$ 6.55M

327

OHO PLUS

OHO

$ 0.096957

-0.19%

-1.46%

-23.14%

$ 150.98K

328

ZenChain

ZTC

$ 0.0005364

-0.07%

+0.17%

-0.48%

$ 88.06M

329

Pharos

PROS

$ 0.4992

-0.04%

+3.72%

-0.70%

$ 108.63K

330

Canopy

CNPY

$ 0.1198

+0.08%

+0.93%

-27.35%

$ 1.11M

331

Neptune

XNT

$ 0.3

0.00%

+39.28%

-23.72%

$ 3.00K

332

HeliChain

HELI

$ 0.000005133

0.00%

+11.56%

333

Midnight

NIGHT

$ 0.04715

+0.02%

+10.03%

+19.63%

$ 2.82M

334

Mavryk Network

MVRK

$ 0.0056

0.00%

-0.71%

+2.38%

$ 994.52K

335

Kite AI

KITE

$ 0.12741

-1.50%

+4.43%

+21.56%

$ 447.56K

336

Sardis Network

SRDS

$ 0.005037

0.00%

+0.30%

+5.73%

$ 310.02K

337

P2P

$ 0.0000365

+0.27%

+2.79%

-21.37%

$ 65.60M

338

Massa

MAS

$ 0.00114

0.00%

+1.79%

-54.40%

$ 262.23K

339

ZETRIX

$ 1.909

+7.71%

-5.12%

-17.86%

$ 4.46K

340

RYO Token

RYO

$ 3.0744

-0.01%

-4.90%

-10.71%

$ 7.33K

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

Disclaimer