Beyond Aptos, Sui & Canto | An in-Depth Guide to the Emerging Alt-L1s
Layer 1 blockchain projects have always attracted the most attention and capital in crypto. The top 20 layer 1 blockchains collectively represent 75.4% of today's entire crypto market cap.
Becoming a recognizable layer 1 guarantees that one enters the billion-dollar valuation club. New solutions continuously challenge incumbents because of the high ceiling. Another wave of layer 1 blockchain projects raised considerable amounts recently, notably Aptos and Sui.
Many have penned detailed comparisons between Aptos and Sui. We hope to evaluate more new layer 1s in a complete framework. For example, Fuel Labs raised $80 million to build a modular execution layer on top of Celestia.
Here are a few highlights:
A comparison of key tech metrics. Individual discussions of each project can be found in the report.
Key members of each project, such as Aptos, Sui, or the lesser-known Canto.
Detailed funding information
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