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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
• In an era of attention scarcity, L1 teams are employing a variety of strategies in order to build sustainable network effects
• Pockets of growth can still be found within different ecosystems, fueled by product innovation
• This week, we take a look at BNB Smart Chain, Cronos, Solana, and Fantom

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