CoinGecko, one of the world’s largest cryptocurrency data aggregators, lists the top 10 Layer 1 (L1) Coins by market value. These major projects include Bitcoin ($BTC), Ethereum ($ETH), Tether ($USDT), BNB ($BNB), USDC ($USDC), XRP ($XRP), Solana ($SOL), TRON ($TRX), Hyperliquid ($HYPE), and Dogecoin ($DOGE).
The first layer (L1) acts as an independent underlying chain through which transactions are directly executed and confirmed, and provides the necessary infrastructure for the blockchain network. Below are the top tier 1 coins by market cap. These top tier coins have a collective market cap of $1.79 trillion with a change of 0.3% in the last 24 hours. CoinGecko shared this news via its official social media account
Bitcoin maintains its L1 dominance while Ethereum rises by double digits
Bitcoin ($BTC) occupies a leading position in the entire list of top coins (L1) in terms of market cap, at a new price. Bitcoin ($BTC) is trading at $62,823.69 with a 0.6% positive change in price in the last 24 hours. The market cap of Bitcoin (BTC) is $1,259,903,710,228.
Ethereum ($ETH) is the runner-up in this race with a market capitalization of $21,308,913,0330, along with a positive price change of 11.8% over the week. Ethereum/USDT It is currently trading at $1,765.36. Tether ($USDT) and BNB ($BNB) come in third and fourth place with current prices of $0.9992 and $575.98, respectively. The market cap of Tether (USDT) is $184,136,854,405 with the price stable on a 24-hour and 7-day basis.
The market cap of BNB ($BNB) is $7,645,950,317 with a positive change of 0.5% in the last 24 hours. USDC ($USDC) appears at a new price of $0.9995 plus a market cap of $7,291,400,7626. USDC ($USDC) also shows no price change in the last 24 hours or 7 days.
Solana and Hyperliquid lead weekly gains across major tier-1 cryptocurrencies
According to CoinGecko dataXRP ($XRP) comes in sixth place on the list with a market cap of $7,074,494,422 USD with the current price of $1.14. This L1 coin shows a negative response in terms of price over the last hour of 0.2%, but shows a positive growth of 7.7% in price change over the entire week. These values were observed at the time of writing this article. The various coins from the first tier show their dominance in terms of market value and prices.
Next to them are Solana ($SOL) and TRON ($TRX), which show a positive change of 11.9% and 1.0% over the past week and carry a market cap of $46,706,073,293 and $3,080,0068,747. Solana ($SOL) and TRON ($TRX) come in seventh and eighth places, respectively, on the set list of the best tier 1 coins.
Furthermore, Hyperliquid (HYPE) is trading at $68.69, with a price change of 0.4% in the past hour and 9.2% in the past week. Hyperliquid ($HYPE) has a market cap of $1,527,994,9960. Last but not least, Dogecoin ($DOGE) is trading at $0.07592, with a market cap of $1,176,341,5911. Dogecoin ($DOGE) is experiencing a 2.7% change in price last week.
