Growth of Layer 1s 📈

(Past Year Ranking Surge)

$XPR +314

$WLD +48

$SUI +37

$ARDR +31

$IOTA +28

$XLM +25

$FLR +23

$KSM +22

$ALGO +20

$TAO +19

Is it fair to judge altcoins based on price?

Yes, to some extent, but that’s not everything.

Relative growth in the competition is also very important.

Companies at the top won’t see big leaps, but there is always room for improvement, especially within a year’s time frame.

Relative growth can also show which teams are performing better than others.

Until we have a perfect Layer 1 in the market with no issues, solutions will continue to emerge.

Companies that continuously innovate and improve at every step will definitely attract the attention of retail and institutional funds.

If you dislike failed projects, this is a very important indicator.