The chart below illustrates the percentage of transaction volume for each Layer 1 solution compared to the total transactions. It highlights which Layer 1 is currently the most popular.
In the past month, one clear leader has emerged: The Open Network (TON). TON captured over 50% of all Layer 1 transactions during this period, largely driven by several major token launches, including:
- DOGS (28 million MAU) on August 28, 2024
- CatizenAI (18 million MAU) and Rocky Rabbit (18 million MAU) on September 20, 2024
- Watbird (12 million MAU) on September 23, 2024
- Hamster Kombat (110 million MAU) on September 26, 2024
As a result, The Open Network currently stands as the leading Layer 1 solution.
Written by maartunn