What is the best Layer-1 crypto?

Binance Coin (BNB), the native token of the popular cryptocurrency exchange Binance, is another Layer 1 crypto that has captured the attention of investors. BNB's diverse utility, including fee discounts on the exchange and participation in token launches, has contributed to its strong performance. Over the past week, BNB has recorded a healthy 1.02% growth.

Cryptocurrency markets are constantly evolving, with various digital assets competing for dominance based on their market capitalization. At the forefront of this race, Layer 1 cryptocurrencies play a pivotal role in supporting the infrastructure of the blockchain ecosystem.

Solana (SOL) has emerged as a formidable contender in the Layer 1 space, leveraging its high-speed transactions and low fees to gain traction. SOL's innovative approach to blockchain scalability has made it a popular choice for decentralized applications (dApps) and DeFi projects. In the last seven days, SOL has strengthened its position with a 1.25% increase in market cap.

Currently, Bitcoin (BTC) remains the undisputed leader in the Layer 1 category, enjoying a market capitalization that significantly surpasses its competitors. Over the past seven days, BTC has recorded a modest but positive gain of 0.82%, further solidifying its position as the most valuable cryptocurrency.

Among the top Layer 1 cryptos, these four assets represent the cream of the crop, each with its unique selling points and growth potential. The fierce competition among them underscores the dynamic nature of the cryptocurrency market.