Ethereum is $2,000. However, these three L1 tokens gained more than BTC and ETH.

Ether (ETH), the native token of Ethereum, the undisputed leader in layer 1 (L1) protocols, has achieved the highly anticipated $2,000 price level. There are Cardano (ADA), Solana (SOL), Avalanche (AVAX) and hundreds of other L1 protocols, but some have surpassed ETH and BTC in terms of growth over the past few days.

While Layer 2 protocols are gaining enthusiasm and popularity due to their utility and scalability, L1 networks remain relevant. Several L1 projects have gained attention in recent months, and if properly leveraged, could become the next big thing in blockchain and cryptocurrency.

Vulcan Forged ($PYR) rises over 60% in one month

The trading price of the $PYR token, the native token of blockchain game studio and NFT marketplace Vulcan Forged, has risen significantly. The token is trading at $6.1 after rising more than 6.4% in the last 24 hours. $PYR has seen a massive rise of over 67% in one month and over 80% in the past three months.

The development of the project behind $PYR should play a major role in the impressive increase. For example, the L1 chain Elysium blockchain is one of the biggest reasons for the project’s popularity. As one of the few blockchains in the cryptocurrency industry with carbon neutral features, Elysium has all the necessary features: decentralization, scalability, and fast transaction speeds.

The Elysium blockchain is one of the updates confirmed in the Vulcan Forged ecosystem this year. Blockchain presents optimizations for managing tasks related to existing cutting-edge innovations such as Metaverse, Web3, and Artificial Intelligence (AI). The L1 chain is compatible with non-fungible tokens (NFTs) and also has features similar to an NFT marketplace and cloud wallet.

Moreover, Vulcan Forged has achieved impressive growth over the past few years. The popular play-to-earn ecosystem has over 200,000 users participating on the platform across 15 different games and titles. There are games in the action-survival, MMORPG, and combat strategy genres, including VulcanVerse. Tartarus, Berserk, Forge Arena and more.

The ecosystem continues to provide new updates based on cutting-edge technology. For example, with the upcoming MetaScapes, the platform will offer users a ‘Metaverse Engine as a Service’.

Additionally, Vulcan Forged has released an updated version of its popular game Tartarus in the form of Tartarus VR, the first Oculus VR game. This version will revolutionize traditional gaming and serve as a milestone for Web3 gaming. Players can enjoy every in-game adventure in a more immersive way, creating a whole new experience.

The $PYR token has a market capitalization of over $173 million. Considering the future opportunities presented by Elysium, this suggests that there is plenty of room for growth and that the ecosystem’s native utility token could be reflected in that growth.

AIOZ Network (AIOZ)

The $AIOZ token is also one of the top gainers among layer 1 cryptocurrency assets. The token is fundamental to the AIOZ network, a decentralized CDN (Content Delivery Network). The token is currently trading at $0.14 after swelling by more than 30% in one day.

Blockchain technology has brought along new innovations and solutions to many of the problems inherent in the existing technology space. Content has been one of the domains that has seen tremendous growth over the past few decades, and the AIOZ Network recognizes its potential. The project aims to decentralize CDN and decentralize content based on blockchain.

$AIOZ is the native utility token of the AIOZ network and currently has a market capitalization of $151.3 million.

Liquid Layer (LILA)

The $LILA token has also increased over the past few days to the extent that the token has surpassed $BTC and $ETH. The current trading price of $LILA token is $0.90. It is up more than 7% in the last 24 hours. Over the past three months, the trading price of the LiquidLayer native utility token has increased by more than 100%.

LiquidLayer is one of the popular layer 1 blockchain proof-of-work (PoW) networks. However, blockchain networks aspire to be several steps ahead of existing PoW chains. Blockchain claims to solve the blockchain trilemma while maintaining a balance between scalability, security, and decentralization.

$LILA serves as a utility token on the LiquidLayer network, used to cover fees, pay transaction fees, and distribute mining rewards. The current market capitalization is approximately $7 million.

Below is a short snippet that explains the key points to consider while evaluating the aforementioned layer 1 tokens.