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Cryptorank

Category L1

Report: L1 Blockchains Experience Slowdown in 2024 Amid Declining Activity

Report: L1 Blockchains Experience Slowdown in 2024 Amid Declining Activity

Layer one (L1) blockchain networks, including Ethereum, Solana, and Bitcoin, have experienced a significant reduction in onchain and market activit...
Sep, 04, 2024
by Bitcoin News
Polygon leads in EVM efficiency as DeFi users favor low transaction costs

Polygon leads in EVM efficiency as DeFi users favor low transaction costs

Layer-1 blockchains are foundational networks supporting various applications directly on their protocol, while Layer-2 blockchains operate atop th...
Apr, 25, 2024
4 min read
by CryptoSlate
Meme Token Frenzy Drives up Ethereum Fees, Testing Network’s Scalability

Meme Token Frenzy Drives up Ethereum Fees, Testing Network’s Scalability

Amid a significant uptick in ERC20 tokens, especially meme coins, the expense of conducting transactions on Ethereum has notably increased, pushing...
Mar, 09, 2024
by Bitcoin News
Report: Bitcoin and L2 Networks Lead Fee Generation Surge in Blockchain Landscape

Report: Bitcoin and L2 Networks Lead Fee Generation Surge in Blockchain Landscape

The PWN DAO Foundation, linked to the peer-to-peer lending protocol PWN, has released a comprehensive report analyzing user-incurred onchain fees w...
Jan, 29, 2024
2 min read
by Bitcoin News
Solana’s holiday spirits high as it enjoys a booming December

Solana’s holiday spirits high as it enjoys a booming December

December has been quite a month for Solana. The L1 blockchain has seen one of the fastest price recoveries this quarter, with SOL’s surge fueling t...
Dec, 26, 2023
3 min read
by CryptoSlate