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

Bitcoin

BTC

$ 80,735.33

+0.19%

+5.22%

+3.19%

$ 1.62T

$ 5.66K

Ethereum

ETH

$ 2,433

+0.27%

+7.74%

+8.46%

$ 297.72B

$ 148.40K

Binance Coin

BNB

$ 716.95

+0.03%

+4.07%

+0.07%

$ 94.41B

$ 35.88K

XRP

$ 1.3119

+0.37%

+3.92%

+4.70%

$ 83.16B

$ 24.20M

Solana

SOL

$ 96.77

+0.53%

+6.11%

-0.38%

$ 57.22B

$ 859.49K

Tron

TRX

$ 0.3193

-0.09%

-0.78%

-7.82%

$ 30.36B

$ 18.63M

Zcash

ZEC

$ 1,321.49

+1.02%

+11.46%

+3.24%

$ 22.52B

$ 3.92K

Hyperliquid

HYPE

$ 84.3

+0.06%

+1.65%

-8.37%

$ 21.38B

$ 20.13K

Monero

XMR

$ 637.68

-0.11%

+1.67%

+5.83%

$ 12.00B

$ 5.05K

Cardano

ADA

$ 0.1991

+0.56%

+7.04%

+3.37%

$ 7.34B

$ 23.38M

Stellar

XLM

$ 0.1686

+0.18%

+5.83%

+2.24%

$ 5.97B

$ 4.52M

Bitcoin Cash Node

BCH

$ 282.4

+0.21%

+5.17%

-0.70%

$ 5.68B

$ 11.13K

NEAR

$ 4.0644

+0.38%

+8.46%

-2.71%

$ 5.34B

$ 820.89K

Litecoin

LTC

$ 56.41

+0.43%

+6.41%

+0.46%

$ 4.39B

$ 66.47K

Canton Network

$ 0.1017

+1.10%

+6.62%

+6.57%

$ 4.07B

$ 5.33M

Avalanche

AVAX

$ 8.847

+0.37%

+4.97%

+4.01%

$ 3.93B

$ 37.11K

SUI

$ 0.9391

+0.66%

+6.80%

+5.59%

$ 3.88B

$ 1.10M

GRAM(prev.Toncoin)

GRAM

$ 1.178

+0.51%

+2.08%

0.00%

$ 3.36B

$ 682.60K

Hedera

HBAR

$ 0.07337

+0.79%

+7.67%

+4.31%

$ 3.26B

$ 4.88M

Bittensor

TAO

$ 237.42

+0.74%

+7.15%

+0.23%

$ 2.79B

$ 4.96K

Cronos

CRO

$ 0.05239

+0.38%

+5.74%

+2.65%

$ 2.66B

$ 2.97M

MemeCore

$ 0.84102

+0.14%

+0.84%

-17.64%

$ 1.93B

$ 76.87K

Internet Computer

ICP

$ 2.624

+0.57%

+6.79%

+7.71%

$ 1.47B

$ 95.05K

Ethereum Classic

ETC

$ 7.39

+0.68%

+6.31%

+3.35%

$ 1.18B

$ 10.90K

Algorand

ALGO

$ 0.10082

+0.02%

+10.21%

+6.87%

$ 914.77M

$ 1.59M

Kaspa

KAS

$ 0.032532

+0.39%

+6.65%

-4.25%

$ 904.14M

$ 12.57M

Pi Network

$ 0.0772

+0.01%

+3.99%

-0.95%

$ 876.28M

$ 1.81M

Injective

INJ

$ 8.083

+0.35%

+12.34%

+9.62%

$ 806.37M

$ 463.48K

Filecoin

FIL

$ 0.8808

+0.86%

+4.99%

+5.61%

$ 743.05M

$ 2.48M

XDC Network

XDC

$ 0.03202

+0.31%

+5.00%

+2.08%

$ 686.48M

$ 4.66M

Aptos

APT

$ 0.6492

+0.96%

+6.44%

+5.09%

$ 574.58M

$ 177.01K

Beldex

BDX

$ 0.0726

-0.14%

+0.41%

+1.10%

$ 571.56M

$ 14.68M

Flare

FLR

$ 0.006084

+0.18%

+1.95%

+1.85%

$ 531.39M

$ 11.29M

VeChain

VET

$ 0.005866

+0.63%

+5.77%

+0.31%

$ 504.30M

$ 7.17M

TIA

$ 0.466

+1.65%

+9.01%

+2.14%

$ 461.69M

$ 1.98M

SEI

$ 0.04941

+0.45%

+4.48%

+1.63%

$ 378.52M

$ 2.39M

Provenance Blockchain

HASH

$ 0.00623231

+0.28%

0.00%

-2.25%

$ 372.91M

$ 1.80K

Plasma

XPL

$ 0.06537

+1.01%

+6.26%

-14.52%

$ 310.95M

$ 7.73M

Tezos

XTZ

$ 0.2784

+5.05%

+14.27%

+9.42%

$ 306.74M

$ 319.95K

Gnosis

GNO

$ 113.1

+0.64%

+7.20%

+6.07%

$ 300.67M

$ 542.32

Decred

DCR

$ 13.326

+0.20%

+4.66%

-1.36%

$ 235.19M

$ 4.63K

Kaia

KAIA

$ 0.03473

-0.26%

+8.99%

+6.87%

$ 224.00M

$ 2.18M

Arweave

$ 3.337

+0.82%

+8.35%

+4.45%

$ 218.95M

$ 46.90K

THORChain

RUNE

$ 0.6626

-0.90%

+6.71%

-0.64%

$ 218.71M

$ 1.83M

Monad

MON

$ 0.01823

+0.77%

+3.79%

-7.00%

$ 216.87M

$ 13.01M

MIOTAC

IOTA

$ 0.04117

+0.49%

+4.89%

+7.99%

$ 193.51M

$ 1.78M

OriginTrail

TRAC

$ 0.3532

+0.37%

+9.95%

+4.77%

$ 176.75M

$ 442.27K

Theta Network

THETA

$ 0.15986

+0.33%

+0.09%

+1.13%

$ 159.86M

$ 2.98M

ONYXCOIN

XCN

$ 0.0035506

0.00%

+2.91%

-8.83%

$ 143.76M

$ 868.04K

$ 0.08482

0.00%

+7.31%

+4.46%

$ 142.15M

$ 747.02K

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