Report: L1 Blockchains Face Slowdown Amid Declining Activity in 2024
Layer one (L1) blockchain networks, including Ethereum, Solana, and Bitcoin, have experienced significant declines in onchain and market activity in 2024. Researchers Tanay Ved and Matias Andrade from CoinMetrics highlight the challenges these networks face, such as overall fees and token performance. It fell below the previous year's high. Check out Ethereum, Solana, and Bitcoin […]
