Curiosity in Layer 1 blockchain tasks has been rising by the day, and it isn’t onerous to see why. These tasks are going to be large sooner or later, however listed here are some highlights:
Layer 1 chains handle the scalability issues of blockchain know-how.
In addition they give customers higher charges, speeds, and effectivity.
Though we now have seen an uptick in new Layer-1 blockchain tasks, there are a couple of which have really stood out.
Listed below are our prime three picks of one of the best Layer-1 blockchain tasks to purchase initially of 2022.
Polygon (MATIC)
Beforehand referred to as the Matic Community, Polygon (MATIC) is a structured Ethereum scaling mission designed to convey environment friendly, low-cost, and quick blockchain infrastructure.
Information Supply: Tradingview.com
On the time of writing, its native token MATIC was promoting at $2.62. Polygon (MATIC) is up 13000% this yr, and extra might nonetheless come from the coin in 2022 as investor sentiment in direction of Layer-1 blockchains grows.
Ethereum (ETH)
Ethereum (ETH) is the king of Layer -1 blockchains. Sure, the platform has seen stiff competitors from different newer choices, however it nonetheless stays a stable funding merely due to its huge infrastructure.
Over 4000 tasks have launched on the Ethereum community, and moreover, ETH is the second largest crypto after Bitcoin. It’s subsequently price it, and on the time of writing, ETH was buying and selling at round $3794. Though it’s a bit decrease from its 2021 highs, ETH continues to be up 405% for the yr.
Solana (SOL)
Solana (SOL) is maybe one of the vital promising options to Ethereum. The community is promising higher speeds, low prices, and cross-chain interoperability. So, far it has earned quite a lot of respect and rising assist within the crypto house.
Solana can also be seeing an uptick within the variety of tasks launching on the community. This yr alone, its native token SOL has grown by a whopping 12000%. On the time of writing, the coin was buying and selling at $176.
