Layer by Layer 2021 Review: Part 1
Quick Take
- This is a section from The Block Research’s upcoming 2022 Digital Assets Outlook report
- Layer-1 blockchains have seen significant growth throughout 2021, capturing market share from Ethereum and employing varied strategies to build their own ecosystems
- Incentives and increased funding have played a key role in the growth of L1 platforms
- With many L1 ecosystems reaching new all-time highs in total value locked, competition remains intense among DeFi protocols vying for user share
This research piece is available to
members of The Block Genesis.
You can continue reading
this Genesis research on The Block.
Go to Source
Author: Kevin Peng
