layer 1 News

Near Protocol token remains in a strong bear market after falling by almost 50% from its highest level this year. Near (NEAR) was trading at $4.62 on Oct. 24, as Bitcoin (BTC) and most altcoins remained under pressure. However, Michael…

Are we witnessing a major shift in blockchain adoption as Solana’s user numbers skyrocket, or will Ethereum’s continued dominance in high-value applications keep it ahead in the long run? Solana’s massive comeback Solana (SOL), one of the most promising blockchain…

A blockchain contains three main tiers: keeping safety as the top priority, making sure everything works all the time, and letting everyone participate in how a blockchain works. However, when many people use a blockchain at the same time, it…

Cryptocurrencies are built on blockchain networks. Much like a house is built starting with a solid foundation, a crypto network begins with its layer-1 blockchain. This is the bedrock of the entire system, handling processes like security, transaction processing, and…

Solana continued its downward trend, falling for four consecutive days as a sea of red engulfed the crypto industry. Solana (SOL), the fifth-biggest cryptocurrency, retreated to $135 on Thursday, Oct. 3, its lowest point in over three weeks. It has…

EigenLayer Actively Validated Service Ava Protocol will power automation for Sony Block Solution Labs new layer-2 blockchain, Soneium. According to the protocol’s press release, Ava Protocol will deploy its event-driven automation infrastructure to power the Soneium Spark incubation program. By…

Injective, a Mark Cuban-backed layer-1 network, bounced back, rising to its highest level in over two months as whale activity increased. Injective (INJ) token jumped to $24.87 on Tuesday, Oct. 1, up by 10% from its lowest level in August.…

The Toncoin token remained in a bear market and was at risk of forming the dreaded death cross pattern, despite strong on-chain metrics. Toncoin (TON) was trading at $5.81 on Monday, Sep. 30, down by over 30% from the year-to-date…

Zilliqa developers have announced a permanent fix for a bug that compelled the blockchain to halt transactions over the weekend. In their latest X post, Zilliqa developers clarified that they were working on fixing a bug that prevented the blockchain…

Solana flipped Ethereum in its 24-hour volume in the decentralized exchange industry as most of its meme coins jumped. According to DeFi Llama, Solana (SOL) DEX networks handled over $845 million in the last 24 hours, bringing the weekly volume…

Sui, a popular layer 1 network, has become one of the best-performing cryptocurrencies since August, soaring to a five-month high. Sui (SUI) token has risen for three consecutive weeks and is up by over 240% from its lowest level in…

Sui, the popular Solana-killer, continued rising on Sunday, Sep. 15 as sentiment in the crypto industry improved. Sui (SUI) jumped to an intraday high of $1.10, its highest level since Aug. 12, and 137% above its lowest point last month.…

Avalanche, the 14th-biggest cryptocurrency, is stuck in a deep bear market amid weak on-chain metrics and falling staking yields. Avalanche active addresses are falling Avalanche (AVAX) was trading at $23.8, down by over 63% from its highest point in March.…

Solana price has remained in a deep bear market, falling by over 30% from its highest point in 2024. Solana (SOL), the fifth-largest cryptocurrency in the industry, was trading at $145, down from its year-to-date high of $210. Its valuation…

Avalanche, the 14th biggest cryptocurrency, rose for the sixth consecutive day after a significant token unlock. The Avalanche (AVAX) token reached a high of $23.25 on Aug. 21, its highest level since Aug. 3 and 32% above its lowest level…

Sonic Labs, formerly known as Fantom, has announced a bounty program aimed at incentivizing developer activity ahead of the Sonic network launch. The Sonic Boom and Sonic Gems bounty program seeks to support the first wave of applications on the…