According to Castle Labs data, Layer 1 tokens faced significant headwinds this year, with most major players sliding into red territory. Ethereum dropped 15.3%, while Solana saw a steeper decline of 35.9%. The situation grew worse for several others—Sui fell 67.3%, Avalanche tumbled 67.9%, and Ton hit hard with a 73.8% loss. Even Hype couldn't escape, down 6.5% year-to-date. The bright spots? BNB managed to gain 18.2%, and Tron posted a modest 9.8% advance, standing out as rare winners in an otherwise bearish L1 landscape. These disparities highlight how different Layer 1 ecosystems are tracking amid shifting market dynamics and investor sentiment.

ETH-0.56%
SOL-0.70%
SUI-1.75%
AVAX-3.83%
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