Layer 1 Blockchains: FDV vs Active Addresses Mapped
Layer 1 blockchain fully diluted valuation vs daily active addresses comparison places ETH, BNB, Solana in Blue Chips while NEAR, Aptos, Injective rank as Grinders with real usage but no premium.
SourceAnalysis
Layer 1 blockchain fully diluted valuation vs daily active addresses comparison from @ourcryptotalk sorts majors into four groups based on 30-day usage: ETH, BNB, Solana and Tron sit in Blue Chips with valuations backed by millions of daily users; Cardano, Stellar and Sui land in Ghost Chains with billions in FDV but thin activity; NEAR, Aptos and Injective emerge as Grinders delivering real usage without valuation lift; Polkadot, ICP and Sei fall into Walking Dead with low users and depressed valuations.
avery.apt
@AveryChingCo-founder & CEO @ Aptos building a layer 1 for everyone - http://aptoslabs.com. Ex-Meta/Novi crypto platforms tech lead. Ex-Diem blockchain tech lead.