Other L1s Are Seizing the DaySep 9, 2021
Non-Ethereum L1s have grown significantly this year, as evidenced by Solana and Terra’s large additions to TVL in recent months. Avalanche and Fantom look to be in the early stages of attracting more capital due to their incentive programs. The growth curve for Solana, in particular, looks the most exciting with the chart almost vertical at this point.
Also noteworthy is Solana recently surpassed Terra in TVL. Solana currently stands at $7.86B in TVL versus Terra’s $7.05B.