Ethereum’s Era Ends? Layer-1 Race Heats Up 🔥
Market Analysis:
Ethereum's TVL share dropped to 54% in January 2025, down from 60% in mid-2024.
Nansen CEO: “It’s now an open race” — Ethereum no longer dominant.
Layer 1 Race:
Solana leads with a 68% staking ratio and $58B staked, surpassing Ethereum's 28% and $88B.
Sui's TVL surged to $1.84B, driven by DeFi platforms like SuiLend and NAVI Lending.
Aptos, NEAR, and Avalanche are also gaining momentum.
Key Takeaways:
Ethereum's dominance is waning as competitors rise.
Multiple Layer-1s are now vying for the top spot.
Which Layer-1 are you betting on? Comment below!