Phoenix Group has provided recent information about Layer-1 Blockchain Project Engagement levels based on social activity levels. Social engagement statistics such as likes, comments and shares assess the dominance of these blockchain networks in stakeholders in the cannabis industry.
Bitcoin ($ BTC) ranks as the most popular Layer-1 blockchain because the 143.3K involved messages and 195.2 m had interactions on social media during the last 24 hours. Bitcoin’s adoption and strong influence on the cryptocurrency world stimulate the leading performance of social activities.
Top #Layer1 Projecten per sociale activiteit $ BTC $ SOL $ ETH $ ADA $ SUI $ BNB $ KAS $ HBAR $ Inj $ avax pic.twitter.com/elt6qqgybjjjjjjj
– Phoenix – Crypto News & Analytics (@pnxgrp) January 31, 2025
Solana ($ Sol) follows Bitcoin’s social activity with 103.8K involved messages and 60.2 m interactions. Solana’s social engagement statistics continue to grow as his developer and enthusiastic public increase their interest in decentralized finances (Defi) and non-favorable tokens (NFTs).
The Ethereum network was in third place with $ ETH with 78.6K involved messages and 66.6 m interactions. Ethereum ($ ETH) functions as a central blockchain ecosystem in which thousands of decentralized applications receive permanent support from its broad community network.
Extra Layer-1 projects that get attention
Layer-1 Blockchain projects, Cardano ($ Ada) and Sui ($ Sui) experienced extensive community involvement. Cardano accumulated 31.8 m interactions via 11.3k posts, and Sui obtained 8.9 m interactions up to 8.1k posts. Involvement of the community has remained reliable in both projects, which demonstrates a continuous developmental interests.
The ranking included Binance Smart Chain ($ BNB) Kaspa ($ Kas), Hedera ($ HBAR) and injection protocol ($ inj) and Avalanche ($ avax). Analysis showed that these blockchain initiatives had different levels of interest based on their position within the sectors of the blockchain industry.
The data from the social media shows that Avalanche ($ Avax) received 2.6 million interactions, in addition to Hedera ($ Hbar), which reached 1.7 K, and injection protocol ($ inj), which also reached 1.7 K involved posts .
Social involvement as an important indicator
The research results show why social activity acts as a crucial factor in evaluating the project that is worth and community participation. Social involvement reveals the combined interest level of users, developers and investors who participate in these projects.
The data show how cryptocurrency markets bloom through continuous activities, because involved members tend to innovate new blockchain solutions.