In 2024, Layer 1 tokens exhibited significant growth, reaching price increases of 7,000%. Details are in our report.
Growth of Layer 1 Tokens in 2024
According to a report by CoinGecko, Layer 1 (L1) tokens in the cryptocurrency market saw substantial growth in 2024, some recording gains up to 7,000%. The report highlights Mantra (OM), AIOZ Network (AIOZ), and Sui Network (SUI) as the top performers this year.
Mantra (OM) Success
Mantra (OM) emerged as the best-performing L1 token of 2024, boasting a year-to-date increase of 7,035.2%. CoinGecko attributes this growth to Mantra's partnership with Zand, a UAE-based digital bank, enabling the tokenization of real-world assets under Dubai's regulations.
Other Successful Projects: AIOZ and SUI
Beyond Mantra, AIOZ and SUI also saw notable success in 2024. Sui Network recently introduced Bitcoin staking, which may have influenced its popularity boost.
The current year has shown significant attention to L1 tokens, linked to successful partnerships and new market solutions.
