Insights into Layer-1 Network Growth
Discover the latest rankings of layer-1 networks based on their network growth and Daily Active Users (DAUs) witnessed in the last three months. Dive into the surprising results highlighted by Jamie Coutts, the chief crypto analyst at Real Vision, showcasing the impressive growth of lesser-known networks in the crypto space.
Top Performers in Network Growth
Explore the standout performers in terms of growth in Daily Active Users (DAUs) among layer-1 networks. SUI and Mantle emerged as the top two networks with remarkable increases in their user base. Witness the substantial growth rates of these networks and their position in the rankings.
- SUI network experienced a remarkable 3503% increase in its DAUs
- Mantle witnessed a significant 518% growth in its user base
Discover the other networks that made it to the top five rankings based on their impressive growth in DAUs over the past three months.
Exploring the Top Rankings
- Celo, Arbitrum, and Blast completed the top five with DAU growth rates of 414%, 157%, and 107% respectively
- The Open Network (TON) secured the sixth position with a growth rate of 97%
Other Networks Worth Noting
- Ethereum layer-2 network Base made the list with a 3-month DAU growth of 78.6%
- Near, Tron, and Polygon featured in the top 10 list with notable growth rates
Examine the surprising decline in Daily Active Users witnessed by major networks such as Bitcoin, Ethereum, BNB Chain, Solana, and Cardano, despite their market capitalization.
Implications for the Crypto Ecosystem
Understand the broader implications of the increase in Daily Active Users across various layer-1 networks for the crypto ecosystem. Explore how this metric could potentially impact the prices of native tokens and contribute to a positive market outlook.
Potential for Growth
Gain insights into the projected growth in Daily Active Users across crypto networks and the positive impact this influx of new users could have on the overall ecosystem. Dive into the potential for increased user adoption and its significance for network development and token prices.
Hot Take: The Future of Crypto Networks
Anticipate the evolution of crypto networks as they aim to attract more users and drive greater adoption in the coming months. Stay tuned for further developments in the crypto space and the potential impact on network growth and market dynamics.
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