According to DefiLlama data, there are 73 projects that raised over $10 million in the past three months, with only Tempo being an L1 public chain. Venture capital mainly focuses on prediction markets, payment systems, and other areas. Among AI-related companies, only 2 meet the funding criteria.

Alliance DAO Co-Founder QW stated that he no longer seeks to win debates but is willing to compare the weighted index of self-selected public chains with the full-score project portfolio he listed, to explore the fundamental advantages of long-term investments in quality projects.

Luke Judges, Ripple’s Global Head of Partnerships, pointed out that XRPL needs to learn from Solana’s execution speed, developer experience, and market strategy in the Layer 1 competition. He believes that success comes from “pragmatism and speed,” and emphasizes the importance of improving developer tools and decentralized risk management. Although Ripple CTO David Schwartz values XRPL’s reliability and stability, Judges believes that XRPL’s strategy should focus on enhancing the developer experience and accelerating technology implementation.

Odaily Planet Daily news: Liquid Capital posted on X stating, “After the Ethereum Fusaka upgrade, the blob base fee skyrocketed by 15 million times. The core reason is that EIP-7918 introduced a ‘minimum fee mechanism’ for blobs—previously, there was no minimum limit on blob fees, so they were stuck at 1 wei (almost free) for a long time, resulting in nodes shouldering the costs of KZG verification and more without reasonable returns. After the upgrade, blob fees must be ≥ 1/15.258 of the L1 execution base fee, directly anchoring fees to the real network cost. This design allows prices to reflect actual resource consumption (preventing L2s from using network resources for free), and also uses price fluctuations to regulate blob traffic and prevent congestion, while PeerDAS technology increases blob storage capacity; this

Odaily News Alliance DAO co-founder QwQiao stated that if some L1 Tokens are believed to have the opportunity to become "non-sovereign value reserves" and serve as hedging assets for Bitcoin, their valuation is not considered high. He pointed out that Bitcoin may face two major challenges in the future: security budget and anti-quantum capabilities, while protocol solidification may limit its response speed. Although he remains optimistic about Bitcoin's long-term position, he emphasized that this is precisely the main logic for allocating some L1 Tokens.

Odaily News According to the latest encryption weekly report released by Gate Ventures, directly applying traditional short-term valuation models (such as short-term price-to-earnings ratios and revenue models) to blockchain networks can lead to systemic pricing errors. Due to the adoption curve of the encryption industry exhibiting exponential characteristics, the long-term growth potential of assets like ETH and SOL is still largely underestimated; market sentiment and linear thinking obscure their true growth potential. Currently, overall market sentiment remains weak, with BTC rising 4.07% last week and ETH rising 6.82%, while the fear and greed index still remains in the "extreme fear" range. In terms of ecological dynamics, Ethereum has raised the block Gas Limit to 60 million for Fusaka.

Gate News Bot News, December 1, according to CoinMarketCap data, as of the time of writing, DYM (Dymension) is currently priced at $0.10, with a rise of 16.00% in the last 24 hours, peaking at $0.13 and dropping to a low of $0.09. The current market capitalization is approximately $43.1 million, an increase of $5.94 million compared to yesterday. Dymension is a decentralized chain launch platform designed to enable creators to turn ideas into thriving blockchains. It provides a simplified process from token issuance to a complete blockchain ecosystem. Dymension's RollApp is a quickly deployable chain that can be easily deployed and eliminates the complexities of running an L1 blockchain. The platform also offers a full-stack protocol solution, including L1, L2, Dex, and RaaS tools, to support the community from the end.

Alliance DAO co-founder QwQiao believes that the fee/revenue ratio is an important indicator for assessing the L1 moat. Projects lacking a moat may lose market share or maintain it through price wars, while projects with competitive advantages can achieve sustained rise. He suggests following the Application Layer for long-term value.

Arthur Hayes expressed concerns about the Monad Token model, calling it a high FDV and low Circulating Supply, with extremely high risks that could lead to a brief market bubble followed by a rapid sell-off. He is bearish on the project, believing that most emerging L1 projects, including Monad, will struggle to survive.

Alliance DAO co-founder QwQiao stated that they will not be shorting L1 Tokens, but believe it is not a quality investment, pointing out that L1 Tokens lack competitive advantages and are prone to commoditization. He suggested following the Application Layer as a potential way out.

BlockBeats news, on November 28, Alliance DAO co-founder QwQiao posted on social media stating, "The reason I find it difficult to convince myself to hold L1 public chain tokens long-term is not because their price-to-earnings (P/E) ratios are high, but because they lack a moat. Without a moat, they will become commoditized and fail to capture meaningful value. Nowadays, users can easily transfer across chains. Apart from a few complex smart contracts, most application developers can quickly migrate from one chain to another. Moreover, launching a new chain is easier than ever. The switching costs for Blockchain are far less than that of infrastructures like AWS. The only way I see chains strengthening their moats is by verticalizing and controlling the Application Layer. My observation is that Solana, Base, and...

The Chief Strategy Officer of MegaETH, namik, stated that the value of MegaETH depends on the success and decentralization characteristics of Ethereum, expressing concerns that policy support for centralized L1 could affect its logic. He believes that Ethereum should maintain decentralization, while MegaETH needs to innovate in scenarios where Ethereum L1 is lacking, to validate the rationality of architectural trade-offs.

Jinse Finance reports that Nexus will launch Nexus DEX Alpha. The official statement indicates that Nexus DEX Alpha is a Testnet version and will be directly built as an embedded order book exchange on the L1 network.

Golden Finance reports that LINEA has announced that the token burning mechanism has officially launched on the X platform. After this, every transaction on the LINEA will burn ETH and LINEA, directly reducing the token supply to implement deflation. All gas fees on LINEA are paid in ETH and collected through the fee contract. After deducting infrastructure costs, the remaining funds will be 100% burned, including 20% burned in the form of ETH and 80% converted to LINEA and burned on L1. In addition, the data tracking function for burned tokens has also been launched.

Odaily News SoSoValue incubated high-performance L1 ValueChain announced that the Mainnet is officially launched, and its high-performance trading sub-chain SoDEX will simultaneously open allowlist applications to global users. The platform token $SOSO will also be fully upgraded to the Mainnet native Gas and governance token. According to official information, SoDEX currently achieves a performance of 100,000 TPS. The architecture of this high-performance trading chain features two parts: 1. SoDEX achieves a truly decentralized matching architecture through the distributed deployment on different validation nodes via the matching engine. This makes SoDEX one of the very few trading systems in the industry that can truly put the matching logic completely on-chain, consistent with the Hyperliquid technical path, but achieving higher scalability and modular design at the architectural level. SoDEX has two unique characteristics.

Odaily News According to SolanaFloor monitoring, Solana's DApp revenue and DEX volume in the past 24 hours have surpassed all L1 and L2 chains.

Toly, co-founder of Solana, pointed out on platform X that existing Layer 2 networks have authorized multisignature mechanisms that can overturn cross-chain bridges contracts without notification. He emphasized that the "escape route" is an attribute of cross-chain bridges, not Layer 2 networks. Solana can achieve cross-chain bridges with Ethereum L1, ensuring asset withdrawal without modifying Ethereum, and as zk-SNARKs technology matures, the difficulty of building will drop.

According to Foresight News, pump.fun announced the acquisition of the trading terminal Padre, with the acquisition amount undisclosed. Padre will continue to operate as usual, including token trading on every launch pad and decentralized exchange on Solana, BNB Chain, Ethereum L1, and Base. The PADRE token will no longer be used on the platform, and there are no further future plans. pump.fun stated that this acquisition will enhance the user experience of pump.fun.

At the main forum of ETHShanghai 2025, Hsiao-Wei Wang, Co-Executive Director of the Ethereum Foundation, delivered a speech emphasizing three key aspects of Ethereum's large-scale adoption: user asset sovereignty, global settlement capability, and daily practicality. At the same time, she pointed out the challenges Ethereum faces, such as scalability, user experience, and trust, and proposed solutions through the combination of L1 and L2 as well as account abstraction, with the goal of making Ethereum integrate into life as naturally and reliably as the internet.

Gate News Bot news, on October 17, according to CoinMarketCap data, as of the time of writing, MERL (Merlin Chain) is currently priced at $0.35, with a rise of 19.16% in the last 24 hours, reaching a high of $0.41 and a low of $0.29. The current market capitalization is approximately $343 million, an increase of $55.1 million compared to yesterday. Merlin Chain is the native Layer 2 network of Bitcoin, designed to unlock the potential of Bitcoin, supporting native L1 assets, users, and protocols. Merlin Chain offers low fees and high scalability, ensuring fast transaction processing and enhanced trading liquidity as an EVM-compatible chain. It supports popular Bitcoin protocols such as BRC20, BRC420, etc., and implements ZK-Rollup to improve efficiency and scalability. M

According to BlockBeats news on October 15, Brevis's multi-GPU zero-knowledge virtual machine (zkVM) Pico Prism has achieved real-time proof of Ethereum on consumer-grade hardware: using 64 RTX 5090 graphics cards, it completed 99.6% of Ethereum L1 block proofs in 12 seconds, with 96.8% of the block proof times being below the 10-second standard set by the Ethereum Foundation. In a test on September 1, under Ethereum's current 45M gas limit, Pico Prism's average proof time was only 6.9 seconds. In comparison to SP1 Hypercube, which previously had a proof coverage of 40.9% under a 36M gas limit, Prism now far exceeds its standard, reaching 98.

Odaily News Former Wall Street high-yield credit trader Vivek Raman posted on X, stating: "Despite the intense leverage washout exceeding all previous crashes, I still believe we are in a cryptocurrency renaissance. ETH remains a means of institutional value storage just like BTC. The Ethereum economy (L1, L2, applications) continues to operate seamlessly, and the price of ETH will reach $10,000 or even higher."

PANews, October 6 - According to Decrypt, in the first week of the fourth quarter of the crypto market, the Layer-1 public chain sector performed strongly, becoming the leader in the rise of altcoins. According to Velo data, between September 29 and October 5, L1 public chain tokens (including Solana, Avalanche, BNB, Sui, and Aptos) recorded an overall rise of 12.54%, surpassing other zones such as Layer-2, Meme coins, and Decentralized Finance. Among them, Aptos rose 25.3% in a single week.

Odaily News SolanaFloor announced on the X platform that in the past 30 days, Solana DApp revenue exceeded 187 million USD, ranking first among DApp revenues across all L1 and L2 chains.

Gate News Bot news, September 30, according to CoinMarketCap data, S (Sonic) is currently priced at $0.26, having risen 6.05% in the last 24 hours, with a high of $0.26 and a low of $0.23. The current market capitalization is approximately $739 million, an increase of $42.2 million compared to yesterday. Sonic is the highest-performing EVM L1 blockchain, combining speed, incentives, and world-class infrastructure. Sonic offers developers unprecedented scalability and storage capacity, providing users with a fast and smooth experience. Sonic is the fastest settlement layer for digital assets, capable of processing over 400,000 transactions per second, with confirmation times approaching real-time, and an average transaction cost of only $0.001. S (Sonic) recent important news: 1️⃣ **Solana Ecosystem

Gate News Bot news, September 29, according to CoinMarketCap data, as of the time of writing, BERA (Berachain) is currently priced at $2.91, with an increase of 11.10% in the last 24 hours, reaching a high of $2.91 and a low of $2.37. The current market capitalization is approximately $370 million, an increase of $37 million compared to yesterday. Berachain is an EVM-compatible L1 public chain that adopts an innovative Proof of Liquidity consensus mechanism, aiming to address the centralization problem of staking, systematically build liquidity, and align the interests of the protocol and validators. The project is supported by well-known investment institutions such as Polychain Capital and Hack VC, and is committed to creating a collaborative economy that rewards working capital in the network through incentive mechanisms.

According to BlockBeats news on September 27, the stablecoin L1 Blockchain Plasma went live and absorbed over $4 billion in Crypto Assets within 24 hours, ranking eighth in the value of deposits in Blockchain DeFi, mainly due to the Plasma lending vault and users locking assets in cooperative DeFi protocols earning the native network Token XPL. Plasma's initial success has driven up the price of the XPL Token, which has risen 30% from the Opening Price, currently around $1.2, corresponding to a Fully Diluted Valuation of nearly $12 billion, an increase of 24 times from the $50 million valuation during the public sale in June, representing an astonishing return of up to 324 times for investors who participated in the Plasma seed round on the early investment platform Echo last November.

ChainCatcher message, Vitalik Buterin stated that the core feature of the Fusaka upgrade, PeerDAS, will enable the operation of the Blockchain without the need for a single node to download the complete data. PeerDAS validates the availability of block data through node sampling and uses erasure coding to recover missing data. The initial version still requires complete data during the first broadcast and reconstruction, but only one honest participant is needed. In the future, distributed messaging and block construction will be achieved. Vitalik emphasized security first, and the number of blobs will gradually increase, promoting L2 and L1 scaling.

PANews September 24 news, according to CoinList announcement, Plasma ($XPL) as an L1 public chain redefining the way of currency flow will log in to CoinList on the first day of TGE (token generation event), trading will officially start on September 25 at 13:00 UTC.

Gate News Bot news, on September 22, according to CoinMarketCap, as of the time of writing, HYPE (Hyperliquid) is currently priced at $48.83, having fallen 7.78% in the last 24 hours, with a high of $59.39 and a low of $47.59. The 24-hour volume reached $593 million. The current market capitalization is approximately $16.305 billion, a decrease of about $1.376 billion from yesterday. Hyperliquid is a blockchain platform designed to integrate all financial operations. As its flagship application, Hyperliquid offers a decentralized exchange characterized by low fees, zero gas fees, up to 40x leverage, and a fully on-chain order book. The platform emphasizes transparency, with all transactions, funds, and settlements occurring on Hyperliquid L1.

Foresight News reports that the L1 Blockchain lightweight node protocol Over Protocol will migrate to Base. "After careful evaluation, we found that Base aligns most closely with our vision and philosophy. We will start from Korea, making Korean culture easier for users to accept on the Base platform and transforming it into new forms of value."

Gate News Bot news, September 22, according to CoinMarketCap data, as of the time of writing, MERL (Merlin Chain) is currently priced at $0.29, with a rise of 42.94% in the last 24 hours, reaching a high of $0.38 and a low of $0.15. The current market capitalization is approximately $279 million, an increase of $83.9 million compared to yesterday. Merlin Chain is a native Layer 2 network for Bitcoin, designed to unlock the potential of Bitcoin, supporting native L1 assets, users, and protocols. As an EVM-compatible chain, Merlin Chain offers low fees and high scalability, ensuring fast transaction processing and enhanced transaction liquidity. It supports various Bitcoin protocols, such as BRC20, BRC420, Bitmap, Atomicals, Pipe, and Stam.

Gate News bot message, according to Gate's official announcement on September 22, 2025: Gate will launch the 0G(0G) spot trading on September 22, 2025, at 18:00 UTC+8. The deposit function will open on the same day at 16:00 UTC+8, with a trading pair of 0G/USDT. 0G is the first-layer blockchain network specifically designed for artificial intelligence. The project provides high-performance services through a decentralized AI operating system, aiming to achieve secure artificial intelligence that is transparent, verifiable, and privacy-protecting, claiming to reduce operational costs by 90% compared to centralized systems.

Gate News Bot news, on September 19, according to CoinMarketCap data, as of the time of this report, OMNI (Omni Network) is currently priced at $4.03, rising by 10.08% in the last 24 hours, with a peak of $4.27 and a low of $3.34. The trading volume in the last 24 hours reached $58.8 million. The current market capitalization is approximately $139 million, an increase of $12.7 million compared to yesterday. Omni Network is an abstraction layer of the Ethereum ecosystem, allowing developers to access cross-chain users and liquidity without upgrading contracts. Omni currently supports Ethereum L1, Arbitrum, Optimism, and Base networks, with more network support to be added in the future. The project has received backing from investors including Pantera Capital, Two Sigma V

Gate News Bot reported that on September 19, according to CoinMarketCap data, BERA (Berachain) is currently priced at $2.68, with a rise of 11.98% in the last 24 hours, reaching a high of $2.71 and a low of $2.25. The 24-hour volume reached $8.23 million. The current market capitalization is approximately $337 million, an increase of $36.11 million from yesterday. Currently, BERA ranks 163rd in global Crypto Assets market capitalization. Berachain is an EVM-compatible L1 public chain designed to address issues such as staking centralization, systemic liquidity construction, and alignment of interests between protocols and validators through the Proof of Liquidity consensus mechanism. The project has received support from Polychain Capital, Hack VC, and others.

According to Jinse Finance, the L1 blockchain Mantra has upgraded its Mainnet to natively run the Ethereum Virtual Machine and CosmWasm, introducing a MultiVM architecture centered around RWA, so that developers can use familiar tools on-chain tailored for tokenization. This upgrade embeds specific requirements at the protocol layer and is supported by the Mantra Finance virtual asset service provider (VASP) license issued by the Dubai Virtual Assets Regulatory Authority (VARA).

BlockBeats news, on September 17, according to crypto KOL AB Kuai.Dong (@FORAB), Vitalik attended the developer conference in Japan today. At the conference, Vitalik stated that the short-term goal of Ethereum is to scale, with the method being to increase the Gas limit of Ethereum L1 while maintaining Decentralization. The mid-term goal of Ethereum is cross-L2 interoperability, with a faster response time. The long-term vision is a secure, simple, quantum-resistant, and Formal Verification-verified streamlined version of Ethereum.

BlockBeats news, on September 17, Movement Labs officially transformed into an L1 Blockchain to enhance performance, support native stake, and launched Move 2.0.

Gate News Bot news, on September 16, according to CoinMarketCap data, as of the time of publication, MERL (Merlin Chain) is currently priced at $0.19, having risen 25.67% in the last 24 hours, with a high of $0.19 and a low of $0.13. The current market capitalization is approximately $185 million, an increase of $37.8 million compared to yesterday. Merlin Chain is a native Bitcoin Layer 2 network designed to unleash the potential of Bitcoin, supporting native L1 assets, users, and protocols. Merlin Chain offers low fees and high scalability, ensuring fast transaction processing and increased transaction liquidity as an EVM-compatible chain. It supports popular Bitcoin protocols such as BRC20, BRC420, Bitmap, Atomicals, Pipe, and St.

Gate News Bot news, September 11, according to CoinMarketCap data, HYPE (Hyperliquid) is currently priced at $55.80, with a pump of 3.02% in the last 24 hours, reaching a high of $56.14 and a low of $44.45. The volume in the last 24 hours is $449 million. The current market capitalization is approximately $18.632 billion, an increase of $546 million compared to yesterday. Hyperliquid is a blockchain platform designed to accommodate all financial operations. Its flagship application is a decentralized exchange featuring low fees, zero gas fees, up to 40x leverage, and a fully on-chain order book. Hyperliquid L1 has a block time of 0.07 seconds and a maximum TPS of 200,000, currently boasting 675,500 users. HYPE

ChainCatcher news, Paradigm co-founder Matt Huang stated that the Tempo being built will be a permissionless public chain, supporting open validation, contract deployment and usage, maintaining "underlying neutrality," and gradually achieving Decentralization. He stated that Tempo focuses on payment and stablecoin scenarios, choosing to build L1 instead of Ethereum L2, because the global payment network requires a collection of decentralized validators to ensure long-term neutrality while avoiding reliance on the progress of Ethereum L1.

Golden Finance reports that Jake Chervinsky, Chief Legal Officer of Variant Fund, stated that despite the recent emergence of enterprise-controlled L1 networks, decentralized public chains still serve as the regulatory standard for product development. Chervinsky pointed out on social media platform X that many new L1s built by companies for specific product reasons are unnecessary and unhelpful from a regulatory perspective. He emphasized that currently no U.S. regulatory agency requires licensed validator sets or built-in compliance tools, and Congress has not seriously considered such legislation.

PANews, September 5 - Vitalik Buterin tweeted that low-cost transactions of stablecoins are still a major source of value in the encryption space. As a new L2 participant, Codex has emphasized its synergy with Ethereum L1 since its launch.

Gate News Bot news, on September 4th, according to CoinMarketCap, as of the time of writing, M (MemeCore) is currently priced at $0.98, with a rise of 20.93% in the last 24 hours, reaching a high of $1.11 and a low of $0.41. The current market capitalization is approximately $1.019 billion, an increase of $176 million compared to yesterday. MemeCore is the first L1 blockchain built specifically for Meme 2.0. The project is positioned as a playground for meme coins, aiming to provide dedicated infrastructure and platforms for the meme coin ecosystem. M (MemeCore) recent important news: 1️⃣ **Significant price volatility attracts market attention** MemeCore has experienced significant price fluctuations in the past 24 hours, reaching a high of $1.11 and a low of $0.41.

Gate News Bot news, on September 3rd, according to CoinMarketCap data, as of the time of writing, MERL (Merlin Chain) is currently priced at 0.16 USD, having risen 30.92% in the last 24 hours, with a high of 0.17 USD and a low of 0.11 USD. The current market capitalization is approximately 149 million USD, an increase of 35.1 million USD compared to yesterday. Merlin Chain is a native Bitcoin Layer 2 network designed to unleash the potential of Bitcoin, supporting native L1 assets, users, and protocols. The chain offers low fees and high scalability, functioning as an EVM-compatible chain, ensuring fast transaction processing and enhanced transaction liquidity. Merlin Chain supports popular Bitcoin protocols such as BRC20, BRC420, Bitmap, Atomicals, P

Gate News bot news, according to the Gate platform announcement on September 2, 2025: Gate will launch Somnia on September 2, 2025, at 22:30 ( UTC+8 019283746656574839201 for spot trading, with the trading pair SOMI/USDT. Somnia is an L1 blockchain and a full-chain protocol project connecting the metaverse, aimed at building an open and unified virtual society. The project is developed by the non-profit organization Virtual Society Foundation)VSF(, co-initiated by MSquared and Improbable, primarily providing infrastructure for developers to upgrade NFTs and create content.

Gate News Bot news, on September 2nd, according to CoinMarketCap data, as of the time of writing, M (MemeCore) is currently priced at $0.78, with a rise of 18.06% in the last 24 hours, reaching a high of $0.88 and a low of $0.41. The current market capitalization is approximately $815 million, an increase of $125 million compared to yesterday. MemeCore is the first L1 blockchain designed specifically for Meme 2.0. It provides a dedicated ecosystem and development platform for Meme coins, aiming to promote innovation and development of Meme culture in the Web3 space. Important news about MemeCore recently: 1️⃣ **Gate launches M spot trading** Gate will soon launch spot trading for M (MemeCore). As an L1 public chain focused on Meme 2.0,

Gate News bot message, Gate will launch spot trading for Somnia (SOMI) Token, with the specific trading opening time to be determined. Somnia is an L1 blockchain project dedicated to building a full-chain protocol that connects the metaverse, aiming to achieve an open and unified virtual social ecology. The project is developed by the Virtual Society Foundation (VSF), which is a nonprofit organization co-founded by MSquared and Improbable. The core functionality of the project includes providing developers with NFT upgrade tools, supporting the creation of portable and reconfigurable content. SOMI is the project's native Token, and the contract address will be announced later.

Gate News Bot news, on September 1st, according to CoinMarketCap data, as of the time of writing, MERL (Merlin Chain) is currently priced at 0.12 USD, with a rise of 8.06% in the last 24 hours, reaching a high of 0.13 USD and a low of 0.11 USD. The current market capitalization is approximately 115 million USD, having risen by 8.57 million USD compared to yesterday. Merlin Chain is a Layer2 network native to Bitcoin, designed to unleash the potential of Bitcoin, supporting native L1 assets, users, and protocols. As an EVM-compatible chain, Merlin Chain offers low fees and high scalability, ensuring fast transaction processing and enhanced transaction liquidity. The chain supports various Bitcoin protocols, such as BRC20, BRC420, Bitmap, Atomicals, Pipe, and Stamp.

Gate News bot news, according to the announcement from Gate platform on August 29, 2025: Gate will launch Mitosis ( and MITO) spot trading on August 29, 2025, at 19:00 UTC+8 (. This token was previously launched on the Gate Alpha section on August 28. Mitosis is a liquidity protocol focused on the modular era, with its core function being to redefine cross-chain liquidity through innovative mechanisms. The protocol allows users to obtain derivative tokens that are exchanged 1:1 with locked assets, which can be used in DeFi applications on Ethereum L1 and L2 Rollups, achieving additional yields on cross-chain assets. The MITO token contract address is 0x8e1e6bf7e13c400269987b65ab2b5724b016caef.