Close Menu
Cryprovideos
    What's Hot

    MEET48 Launches IDOL Airdrop on June 9 Forward of TGE, Main Web3 Leisure – The Each day Hodl

    June 7, 2025

    Render Royale Could 2025: Winners Unveiled in a Fantastical Show

    June 7, 2025

    Why A Sweep At $2 Is Necessary For The XRP Value To Proceed Rallying

    June 7, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Markets»Layer 1 Blockchain Tokens Surge in 2024: Mantra (OM) Leads with 7,035% Progress
    Layer 1 Blockchain Tokens Surge in 2024: Mantra (OM) Leads with 7,035% Progress
    Markets

    Layer 1 Blockchain Tokens Surge in 2024: Mantra (OM) Leads with 7,035% Progress

    By Crypto EditorNovember 27, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Timothy Morano
    Nov 27, 2024 10:11

    Layer 1 blockchains have seen explosive development in 2024, with Mantra (OM) main the cost, boasting a 7,035% enhance. Discover the highest performers and market dynamics.

    Layer 1 Blockchain Tokens Surge in 2024: Mantra (OM) Leads with 7,035% Progress

    Layer 1 (L1) blockchains have witnessed outstanding development in 2024, with some tokens experiencing unprecedented value will increase. Amongst these, Mantra (OM) has emerged as a standout performer, boasting a 7,035% surge in worth, in response to CoinGecko. This extraordinary rise is partly as a result of Mantra’s strategic partnership with UAE-based digital financial institution Zand, facilitating the tokenization of real-world property (RWAs) underneath Dubai’s Digital Asset Regulatory Authority.

    Market Overview

    The cryptocurrency market in 2024 has been buoyed by Donald Trump’s Presidential Election victory, resulting in elevated demand for L1 options. These platforms present important infrastructure for decentralized purposes (dApps) and sensible contracts. Nonetheless, L1 blockchains face stiff competitors from Layer 2 options, which provide enhanced transaction speeds and decreased prices in comparison with established blockchains like Ethereum.

    High Performing Layer 1 Cash

    In addition to Mantra, AIOZ Community (AIOZ) and Sui (SUI) have additionally demonstrated vital good points, with YTD will increase of 427.6% and 388.2%, respectively. AIOZ has benefited from the rising adoption of its decentralized content material supply community, whereas Sui has gained traction by way of progressive dApp launches that leverage its scalability.

    Different notable gainers embody Bellscoin (BELLS) with a 252.2% enhance, Zano (ZANO) with 159%, and Toncoin (TON) with 136.2%, the latter leveraging its integration with Telegram to host dApps and tap-to-earn video games.

    High Layer 1 Cash by Market Cap

    Regardless of the stellar efficiency of mid- and small-cap L1s, bigger market cap cash resembling Bitcoin (BTC) and Ethereum (ETH) have additionally proven optimistic returns. Bitcoin noticed a 112.9% YTD enhance, whereas Ethereum rose by 34.9%, outperforming the S&P 500 index, which elevated by 24.8% in 2024. Solana (SOL) skilled a 134.3% rise, rebounding from the aftermath of FTX’s chapter in 2022.

    Largest Declines

    Conversely, some Layer 1 cash have suffered vital declines. Entangle (NGL) plummeted by 95.3% YTD, adopted by Kujira (KUJI) and Trias Lab (TRIAS) with declines of 86.7% and 83.4%, respectively. These declines spotlight the volatility and challenges confronted by newer entrants within the aggressive L1 house.

    Efficiency of 2024 Launched Layer 1 Cash

    A number of Layer 1 cash launched in 2024 have skilled combined outcomes. Aleo (ALEO) and Saga (SAGA) have seen declines of 58.1% and 69.9%, respectively, whereas Omni Community (OMNI) and Zeta Chain (ZETA) have additionally confronted downturns. Kaia (KAIA), launched in late October, confirmed modest optimistic development of 5.2%.

    The efficiency of those tokens underscores the aggressive nature of the blockchain market, the place sustained innovation and adoption are essential for achievement.

    Picture supply: Shutterstock




    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    MEET48 Launches IDOL Airdrop on June 9 Forward of TGE, Main Web3 Leisure – The Each day Hodl

    June 7, 2025

    Render Royale Could 2025: Winners Unveiled in a Fantastical Show

    June 7, 2025

    Arca unloads Circle shares after scathing IPO letter

    June 7, 2025

    Ukrainian Authorities Arrest Suspect Behind $4.4M Cryptojacking Operation – CryptoDnes EN

    June 7, 2025
    Latest Posts

    Metaplanet Goals to Maintain 1% of All Bitcoin

    June 7, 2025

    Whale and Miner Information Reveal Bitcoin’s Subsequent Transfer | Weekly Whale Watch

    June 7, 2025

    Bitcoin at Crossroads Amid Elevated Promoting Strain, Warns Analytics Platform Glassnode – Right here’s the Agency's Outlook – The Day by day Hodl

    June 7, 2025

    Greatest Crypto Presale to Purchase: Bitcoin Hyper ICO Surges to $685K as First Bitcoin Layer 2 Launches on Ethereum

    June 7, 2025

    Bitcoin (BTC) Worth Prediction for June 7

    June 7, 2025

    Are We Witnessing the Last Bitcoin Cycle as We Know It?

    June 7, 2025

    Bitcoin Golden Cross Sample Says The Crash To $100,000 Is Regular – What To Count on Subsequent

    June 7, 2025

    Is a Bitcoin value rally to $150K attainable by yr's finish?

    June 7, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Bitcoin Value Prediction 2025: BTC Value To Attain $200K By April, Crypto Whales Additionally Add Yeti Ouro For 1000% Positive factors | Reside Bitcoin Information

    January 8, 2025

    Coinbase resists $20 million Bitcoin ransom demand after insider-led knowledge breach

    May 15, 2025

    Myriad Strikes: Bitcoin Value Predictions and Eyes on Coinbase Hack Bounty Prize – Decrypt

    May 22, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.