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Quick Take

• In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding
• Within L1 ecosystems with significant TVL, DeFi protocols continue to face the challenge of attracting and directing liquidity within their ecosystems
• As cross-chain infrastructure continues to be optimized, DeFi products like stablecoins and liquid-staked tokens may offer a chance for newly launched blockchains with smaller ecosystems to promote user activity and boost their connectivity with other networks
• This week, we take a look at Solana, NEAR, and Polkadot

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