Ethereum price outperforms other L1 networks

Ethereum price outperforms other L1 networks

Ethereum’s (ETH) price performance has outperformed those of other leading layer1 networks in the last seven days, posting returns of over 10% against Bitcoin (BTC), according to data analyzed by CryptoSlate.

L! Returns vs BTC
Source: Glassnode

According to the Glassnode data, only Ethereum and Polygon’s MATIC posted positive returns against Bitcoin during the week. Meanwhile, Solana (SOL) briefly saw positive gains during the week before declining, while other layer1 like Binance (BNB), Polkadot (DOT),…


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