List of 34 Layer 1 Blockchains (L1s) (2023) - Alchemy (2024)

FAQs

How many Layer 1 blockchains are there? ›

List of Layer 1 Blockchains (L1s) Discover 33 Layer 1 Blockchains (L1s) across the most popular web3 ecosystems with Alchemy's Dapp Store. Also explore related collections including Layer 1 Blockchains (L1s), Sidechains, Testnets. Is your project missing from the list?

Supported blockchains include Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Kroma, Optimism, Polygon, and WEMIX, with many more to come in the future."

This strategic pursuit underscores Alchemy Pay's commitment to compliance and regulatory standards, further solidifying Alchemy Pay's leading position within the crypto payment sector. The Core blockchain network is a Bitcoin-powered layer-one blockchain for EVM-Compatible smart contracts.

The most popular Layer-1 projects in 2024 include Bitcoin, Ethereum, Solana, Cronos, Cardano, Avalanche, Cosmos, Bitcoin Cash, NEAR Protocol, and Sui.

What is the fastest-growing layer 1 blockchain? The fastest-growing layer 1 blockchain is Kaspa. Since it launched in July 2022, Kaspa has increased by over 7,000%.

Ethereum (ETH): The Ethereum blockchain hosts thousands of crypto tokens, establishing it as the preferred layer-1 blockchain for developers. Ethereum encompasses a wide range of applications, including metaverses, play-to-earn games, and decentralized finance ecosystems.

Alchemy Pay (ACH) is the ERC20 incentivising utility token issued on the Ethereum blockchain.

The best overall Alchemy alternative is Kaleido. Other similar apps like Alchemy are QuickNode, Moralis Web3, Amazon Managed Blockchain, and Chainstack. Alchemy alternatives can be found in Blockchain as a Service Providers but may also be in NFT Platforms or Blockchain Platforms.

The token may hit $1 or collapse to zero — there's just no way to tell. Alchemy Pay's price will greatly depend on how regulators approach crypto payments.

What network is Alchemy Pay on? ›

Leading blockchain networks like Algorand, Polygon, NEAR, Elrond, Avalanche have all integrated Alchemy Pay's fiat payment channels and their tokens are supported on the Alchemy Pay payment network. What blockchain is Alchemy Pay on? Alchemy Pay's utility token, ACH, is an ERC20 token issued on the Ethereum blockchain.

Alchemy Pay has partnerships, co-operations, and integrations with Binance, Shopify, NIUM, QFPay, Checkout.com, Arcadier, Cobo, Huobi Global, Algorand, Polygon, NEAR, Elrond, Avalanche, VeChain – and many more.

Parachains are advanced, next-generation layer-1 blockchains that transcend the limitations of legacy networks. Specialized and interconnected, parachains make up a diverse ecosystem of independent platforms, communities, and economies improving the way we connect online.

These Layer 1 blockchains, including Bitcoin, Ethereum, Binance Smart Chain, Cardano, Solana, Avalanche, Polkadot, Tezos, Algorand, and NEAR Protocol, showcase diverse approaches to scalability, consensus mechanisms, and governance.

The Fastest Blockchains

Using the daily average TPS data aggregator CoinGecko published a report of the blockchains with the highest TPS among the top 25 blockchains by TVL as of May 15, 2024. Here are the top 20 blockchains with the highest TPS: Solana - 1053.7. Sui - 854.1.

Dogechain is a Layer-2 blockchain network inspired by the ever-popular Dogecoin cryptocurrency, and powered by Polygon's technology.

Bitcoin, Litecoin, and Ethereum, for example, are Layer-1 blockchains.

Parachains are advanced, next-generation layer-1 blockchains that transcend the limitations of legacy networks. Specialized and interconnected, parachains make up a diverse ecosystem of independent platforms, communities, and economies improving the way we connect online.

The XRPL is an open-source public decentralized Layer 1 blockchain. With built-in capabilities like tokenization, a native decentralized exchange, compliance features and more, the XRPL is built to power institutional-grade financial use cases.