Jamie Coutts, a crypto expert, recently ranked layer 1 networks based on their growth. Here are the surprising results:
Top Performers
- Sui: 3503% increase in Daily Active Users (DAUs)
- Mantle Network: 518% increase in DAUs
Other Top Networks
- Celo: 414% growth
- Arbitrum: 157% growth
- Blast: 107% growth
- The Open Network (TON): 97% growth
- Base: 78.6% growth
- Near: 37.9% growth
- Tron: 31.2% growth
- Polygon: 30.6% growth
Notable Declines
- Bitcoin
- Ethereum
- BNB Chain
- Solana
- Cardano
Bullish Outlook
Despite the decline in some major networks, the overall growth in DAUs paints a positive picture for the crypto industry. Coutts projects that crypto networks could have 20 million DAUs by the end of the year, which could boost prices.
