- Sui blockchain applies parallel transaction processing and offers high developer accessibility, contributing to rapid throughput and functional scaling.
- Aptos blockchain uses Move, a Rust-based programming language, supporting over 150,000 tps through parallel execution and strong institutional investment.
- Solana’s Proof-of-History mechanism allows fast transaction speed and low fees, sustaining widespread adoption despite previous network stability issues.
Emerging Layer 1 blockchain platforms are reshaping the Web3 landscape by improving transaction throughput, developer accessibility, and user adoption potential. Sui, Aptos, Fantom Oasis, and Solana represent current examples of networks working toward solving critical blockchain performance and scalability limitations.
Sui(SUI): Introduces High-Performance Structure
Current price:$2.20
Market cap:$7.17B
Sui was launched as a Layer 1 blockchain with a specific emphasis on parallel transaction processing. This architecture allows the system to manage a high volume of transactions simultaneously, reducing processing delays and network congestion. The Sui project originates from a team previously involved in Facebook’s Libra initiative, providing foundational expertise in blockchain infrastructure.
Aptos(APT): Offers Speed and Unique Programming Language
Current price:$4.73
Market cap:$2.92B
Aptos operates as a Layer 1 Proof-of-Stake blockchain developed by engineers from Meta’s Diem project. It implements Move, a Rust-based language designed to enable secure and flexible smart contracts.Aptos obtained $400 million through two significant investment rounds which together produced this total sum.
Fantom Oasis(FTMO): Supports Ecosystem Development
Current price:$0.0001241
Market cap:$0
Fantom Oasis functions as a launchpad platform to support and accelerate projects within the Fantom blockchain ecosystem. It assists developers by offering infrastructure and exposure to early-stage investment. The initiative aims to expand Fantom’s user base and product variety by incubating scalable solutions on its fast and efficient network.
Solana(SOL): Continues Network Expansion
Current price:$133.32
Market cap:$68.82B
Solana maintains a leading position among Layer 1 blockchains. Its Proof-of-History consensus mechanism supports rapid transactions with low fees. Despite encountering stability concerns in prior years, Solana remains a preferred choice for decentralized applications, including finance and gaming. Its network sustains active development and widespread use.