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Introduction
Layer 1s are base networks, such as Bitcoin, BNB Chain, or Ethereum, and their underlying infrastructure. Layer-1 blockchains can validate and finalize transactions without the need for another network. Making improvements to the scalability of layer-1…
Often referred to as the “market cap”, market capitalization is the current market value of a cryptocurrency network. It’s calculated by multiplying the circulating supply of a crypto asset by the price of an individual unit.