Ready Layer 1: Ethereum & Other Smart Contract Platforms

This report was authored by the team at Galaxy Digital Research, including: Alex Thorn, Walt Smith, Karim Helmy, Christine Kim, Sal Qadir, & Charles Yu, CFA

Key Takeaways

In this report, we focus on several smart contract-enabled blockchains that have grown in both value and usage over the last several quarters. We consider the following networks in order of market cap:

• Ethereum • Cardano • Binance Smart Chain • Solana • Polkadot • Terra • Avalanche • Algorand • Internet Computer • Near • Tezos

To date, most of these Layer 1s have performed quite well from an investment or trading perspective. This performance over the last 6 months stems from several factors.

Read the full report here: