Recognizing utility and the current level of adoption is an essential step for investing in the right cryptocurrency projects. These are some useful web tools for researching cryptocurrency networks.
RESEARCHING LAYER-1 CHAINS
Layer-1 crypto projects refer to autonomous blockchain networks that can process, validate, and finalize crypto transactions without the need for another network. Such autonomous networks include Bitcoin, Ethereum, Solana, Avalanche, Binance, Cardano, Polkadot, Cosmos, etc. These blockchains are particularly important for the crypto industry as they provide the infrastructure for building applications and creating sophisticated ecosystems.
Read more: Essential Tools for Researching Cryptocurrency Projects