layer 1

The Avalanche booth at HBC 2022 (Danny Nelson/CoinDesk)
Avalanche’s New Subnet to Offer Blockchain Customization for Financial Institutions
The protocol said the subnet will be a suite of institutional blockchain deployments and tooling specifically designed for financial services.
The Avalanche booth at HBC 2022 (Danny Nelson/CoinDesk)

Fabian Vogelsteller (LUKSO)
Inventor of Ethereum’s ERC-20 Token Standard Plans New Blockchain ‘LUKSO’ for Creative Types
Fabian Vogelsteller is launching his new project, a layer 1 blockchain “LUKSO,” and validators will be able to join the network through the Genesis Validator Smart Contract De...
Fabian Vogelsteller (LUKSO)

(Israel Sebastian/GrettyImages)
Crypto Investors: Why You Need to Understand Layer 1 Protocols
There’s value in crypto, especially layer 1 protocols, even if regulators and politicians don’t dig enough to see it.
(Israel Sebastian/GrettyImages)

(Getty images)
Sui Blockchain Developer Signs Deal With Alibaba Cloud
The cloud tech giant will provide node services and validator infrastructure for testnet developers.
(Getty images)

(Danny Nelson/CoinDesk)
Solana Blockchain Well Positioned to Reassert Itself as a Genuine Layer 1 Competitor: Coinbase
The fundamental value proposition of the Solana protocol persists from a technical perspective, the report said.
(Danny Nelson/CoinDesk)

Canto daily active addresses and transactions (Artemis)
Layer 1 Blockchain Canto’s Daily Active Addresses and Transactions Dips 89% in February
In face of the recent drop in network activity, Canto’s total value locked has held steady at $189 million.
Canto daily active addresses and transactions (Artemis)

Decentralized Layer 1 Blockchain The Open Network Releases Governance Platform
Decentralized Layer 1 Blockchain The Open Network Releases Governance Platform
Decentralized layer 1 blockchain The Open Network has released its governance platform to the public, prompting a surge in Toncoin (TON) trading activity. The governance platf...
Decentralized Layer 1 Blockchain The Open Network Releases Governance Platform

(Rachel Sun/CoinDesk)
Bitcoin Ordinals Can Lift the Entire Crypto Ecosystem
The arrival of the Ordinals Protocol, which allows for the creation of Bitcoin NFTs, has coincided with a big jump in the price of Bitcoin. Add that to the SEC's exemption of...
(Rachel Sun/CoinDesk)

(Shubham Dhage/Unsplash, modified by CoinDesk)
Crypto Startup Monad Labs Aims to Create Next ‘Ethereum Killer’ After Raising $19M
The seed round was led by Dragonfly Capital with the participation of 70 other investors.
(Shubham Dhage/Unsplash, modified by CoinDesk)

Aptos Token Price Doubles in Two Weeks Amid Strong NFT Interest
Aptos Token Price Doubles in Two Weeks Amid Strong NFT Interest
Layer 1 blockchain Aptos' native token has surged over 400% since the start of the year amid increased interest in NFT trading. Aptos Labs Co-Founder & CEO Mohammad Shaikh dis...
Aptos Token Price Doubles in Two Weeks Amid Strong NFT Interest