In 2024, Solana has become the top choice for 49.3% of global investors interested in blockchain ecosystems. According to experts from CoinGecko, almost half of investors are focusing on Solana, driven by SOL’s growth, ecosystem projects like Pyth, and meme tokens like Dogwifhat (WIF).

Ethereum secured second place in the ranking with 12.7% interest, attributed to brand awareness and reputation. However, investor attention is now turning towards second-layer networks on Ethereum.

BNB Chain, supported by Binance, claimed the third spot with 5.4% interest, largely due to BNB’s growth. SOL has reached record levels, with Arbitrum and Base emerging as the most popular layer-2 network ecosystems among investors, with 3.3% and 3.2% interest, respectively.

Arbitrum and Base, both built on the Ethereum blockchain, are gaining investor interest due to their volume of locked value and support from major players like Coinbase. The recent Dencun hard fork on Ethereum’s mainnet, particularly the implementation of EIP-4844, significantly reduced transaction fees in layer-2 networks.

Base saw a significant increase in daily transaction volume post-Dencun implementation, showcasing the benefits of lower network fees. The crypto community is closely watching the impact of these developments on the market.

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