List of the Top 6 Layer 1 Protocols for AscendEX in 2025

MultiversX, which was formerly known as Elrond, represents a decentralized blockchain ecosystem that prioritizes scalability and security, with the goal of enabling groundbreaking applications for individuals, enterprises, and society while also delving into the burgeoning metaverse. Harness the power of the Multiverse to bring your ideas to life by crafting new applications, economies, and environments. Featuring a self-governing blockchain module along with key core applications, this platform allows for rapid solution deployment in just minutes, while offering a wide range of customization possibilities. Its expansive array of features caters to creatives, brands, and organizations, fostering innovation and collaboration. As a gateway to the Metaverse, it creates a digital space for your avatar that includes a comprehensive suite of financial services—such as a debit card—alongside social functionalities that let users chat and connect with friends. Designed to be accessible to a global audience, it paves the way for users everywhere, acting as a vibrant world-building engine that links various interoperable metaverses, and ultimately sets the stage for the debut of the first Metaverse planet within this evolving digital realm. Furthermore, the platform continuously seeks to adapt and expand, ensuring it remains at the forefront of technological advancements and user engagement.

We focus on developing technology that ensures smooth financial transactions. As the trailblazers of the first-ever open and permissionless pure proof-of-stake blockchain protocol, we provide vital security, scalability, and decentralization without the necessity of forking, which are essential components for today’s economy. Our award-winning team assists traditional financial institutions as well as decentralized finance businesses in moving towards a space of simplified financial operations. This state-of-the-art technology establishes the foundation for groundbreaking applications, while our advanced smart contract functionalities enable decentralized finance solutions and decentralized applications that can handle billions of users and tens of millions of transactions each day, all at low fees. The Algorand Standard Assets provide customizable blockchain asset solutions on Layer-1, guaranteeing secure transfers and instant settlement for transactions involving multiple parties. This structure allows businesses to adopt decentralized financial practices with confidence, ultimately revolutionizing the finance sector. Furthermore, as we progress, our dedication to improving financial accessibility and operational efficiency is steadfast, ensuring that we remain at the forefront of innovation in this rapidly evolving field.

Radix differentiates itself by being the only decentralized network that not only promotes rapid development but also encourages contributions from all members while ensuring seamless scalability. It provides a customized DeFi programming environment that enables quick and secure application creation. Moreover, its pioneering on-ledger royalty mechanism guarantees fair compensation for those who contribute to enhancing the dApp ecosystem. With a consensus mechanism that supports unlimited scalability while preserving DeFi composability, Radix empowers developers to build efficiently without the persistent worries of exploits or security breaches. This exceptional platform cultivates an open and interconnected environment, fostering the development of a wide variety of resilient DeFi applications in a secure setting. Additionally, staking is crucial within the Radix network, as the staked amount is directly linked to the network's security, thereby reinforcing its overall integrity. This unique blend of features not only positions Radix as an innovative solution in the DeFi realm but also sets a new standard for what decentralized networks can achieve. As the DeFi sector continues to evolve, Radix's capabilities will likely attract even more developers and users seeking a reliable platform.

aelf is positioned at the cutting edge of blockchain cloud infrastructure, providing a highly secure and sophisticated platform characterized by segregated, infinitely scalable cloud computing networks, which facilitates a decentralized future. Its innovative strategies incorporate cross-chain interoperability and an elaborate multi-level main-side chains architecture, effectively ushering in the Blockchain 3.0 era with peerless cross-chain capabilities. Users can delve into the essential features of the aelf main network through a public beta testnet, engaging in processes like node setup and elections, mining incentives, configuring sidechains, conducting cross-chain interactions, deploying DApps, and more. Additionally, developers are equipped with a comprehensive toolkit designed to cater to their varied needs while building on decentralized blockchain layers. The aelf community plays a vital role in shaping the ecosystem, promoting forward-thinking development through several governance mechanisms, including the aelf DAO, node elections, resource procurement, and the submission of proposals, establishing a collaborative environment for all members. This cooperative framework not only bolsters the network’s overall functionality but also empowers participants to play an active role in its ongoing evolution, further enhancing the platform's resilience and adaptability in a rapidly changing technological landscape. Ultimately, aelf exemplifies how community-driven governance and advanced technology can work together to create a robust future for decentralized applications.

Solana stands out as an incredibly fast, secure, and censorship-resistant blockchain, providing the vital infrastructure necessary for its global adoption. Many leading projects in decentralized finance (DeFi), Web3, and blockchain gaming choose to build on Solana, emphasizing their commitment to sustainability over the long term. With the capability to process an astonishing 50,000 transactions per second, Solana distinguishes itself in the competitive blockchain environment. However, don’t just take our word for it—experience the network's exceptional speed for yourself. Say goodbye to high fees and slow transaction confirmations, as Solana is specifically designed for rapid execution without sacrificing quality. By leveraging Proof of History and other cutting-edge technologies, Solana effectively scales in line with Moore's Law. There’s no need to worry about rising costs as your user base grows; Solana assures consistently low fees, even for apps catering to billions of users. Its integrated global state fosters effortless composability between various projects, thereby removing the obstacles typically associated with multiple shards or layer 2 solutions. Consequently, developers are empowered to concentrate on innovation, free from the constraints of conventional blockchain systems, and can explore new possibilities in their projects without limitations.

Harmony is a high-speed, open blockchain that operates its mainnet to run Ethereum applications with a remarkable two-second response time and fees that are 100 times lower. With secure bridges, Harmony enables seamless cross-chain asset transfers between Ethereum, Binance, and various other networks, fostering a vibrant ecosystem for creators to engage with their communities. Its bridges facilitate connections between both Proof of Work and Proof of Stake chains, ensuring versatility and inclusivity. The FlyClient architecture is designed to be completely trustless and highly gas-efficient, currently safeguarding tens of millions of cross-chain assets from Ethereum and Binance Smart Chain. Developers can easily switch the Chain ID, allowing for swifter execution of EVMs that maintain identical bytecode, simplifying migration to Harmony with their existing Web3 tools. For users, familiar platforms like MetaMask and Ledger remain accessible, and they will benefit from significantly reduced transaction fees. Additionally, any Ethereum portal or wallet can operate on Harmony without requiring code alterations or new installations, making it an attractive option for a broader audience. Overall, Harmony's innovative approach not only enhances performance but also streamlines the user experience across different blockchain environments.