The biggest projects in cryptocurrency space are Layer One, meaning they are a base blockchain. Oftentimes we see projects build on top of them to help improve transaction speed or scalability. Today, we’re going to break down a report that covers Layer One cryptocurrency projects usage, performance, and fees in the first part of 2023. Subscribe! VoskCoin - YouTube
Q1 Messari Report - Crypto Research, Data, and Tools | Messari
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Messari is one of the best cryptocurrency data aggregate platforms. They really break down blockchain reports and data into easy-to-understand tidbits. Today we’re going to take a look at the performance, activity, fees, and volume of major layer one projects including Ethereum, BNB, Cardano, Solana, Stacks, and more. Let’s take a deep dive look at this data!
LayerZero - Layer Zero Airdrop Alert! Layer Zero Airdrop Eligibility Guide - YouTube
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Linea - Linea Layer 2 Blockchain Tutorial & Airdrop Guide! - YouTube
Timestamps
00:00 The status of layer 1s in 2023
00:35 The state of L1s on Q1 2023 by Messari
01:00 Key Insights on the Layer 1 in Q1
01:33 Layer-1 Financial Overview Q1 2023
02:15 STX outperformed in Q1 Fueled by Ordinals
02:46 Ethereum Q1 '23 revenue was 2.8X other featured L1s combined!
03:46 Tron led featured L1s with P/S ratio of 16x
04:25 BNB outpaced ETH as the most deflationary
05:08 For the Majority of L1s, 100% Genesis token distribution is liquid
05:48 Layer-1 Network Statics Overview Q1-2023
09:02 Solana led featured L1s lowest transactions!
10:30 Stacks total staked grew 403% QoQ
13:42 Dex spiked on March 11 during USDC de-peg
13:50 Polygon outgrew Ethereum!
14:20 NFT buyers spiked on Eth due to Conbase!
14:48 We Should not forget Layer-2s!
16:00 Airdrops that could be huge!
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