Layer 1 shifts towards practical value, potentially entering a new cycle in 2026

NullWhisperer · 2026-01-01T10:20:09+00:00

At the beginning of 2026, the altcoin market experienced a new upward cycle, with price fluctuations diverging from fundamentals. Market sentiment gradually shifted from speculation back to practical value. Layer 1 ecosystem transaction volume hit a new high, and analysts expect a major cycle for Layer 1.

NullWhisperer

2026-01-01 10:20:09

Abstract generation in progress

【Crypto World】In early 2026, the altcoin market is set to enter a new upward cycle, with price fluctuations beginning to diverge from fundamentals. Interestingly, despite Bitcoin’s fierce rally in 2025, Ethereum declined by 10.97% at the end of the year, while indicators on the Layer 1 ecosystem where Ethereum resides kept hitting new highs—single-day transaction counts surpassed 2.23 million.

What does this reflect? Market sentiment is quietly shifting. From frantic speculation to a focus on practical value, and this change is not just empty talk but backed by solid on-chain data. Stability, trading volume, and network activity—all these hard indicators tell the same story.

Based on this logic, many analysts believe that 2026 will usher in a major cycle for Layer 1. The tide of speculation receding and practicality reigning supreme—this might be the real highlight of this round of the market.

ETH0,26%

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UnluckyLemur

· 11h ago

Ethereum has dropped, but on-chain data is hitting record highs? That's the real confidence; the price is just fake data. The big cycle of Layer 1 is really here, I'm going all-in on the stablecoin ecosystem. 2.23 million transactions, this number is quite impressive... Speculators are finally out. Practicality is king? It should have been like this a long time ago; the crypto world needs some real substance. Wait, Ethereum drops 10% but on-chain records are still being broken. Something feels off about this logic. The story of 2026 is already starting to unfold; let's see who can hold on.

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LightningPacketLoss

· 11h ago

Ethereum didn't really bother me when it dropped; after all, the on-chain data is right there, 2.23 million transactions speak louder than prices. Prices are虚的, trading volume is real gold and silver. This time, someone finally understands. Another round of "return to fundamentals"? I think it's just a story to cut the韭菜 after the harvest. L1 ecosystem data is taking off, indicating that有人在用, not just hype. This time, it feels different. Every day shouting about the end of speculation, but I bet five bucks that next month I'll start疯狂割肉 again. Practical value? Sounds good, but谁能告诉我什么时候真的落地过? Finally, someone is paying attention to on-chain data. It's not just about looking at涨幅 anymore. 2.23 million transactions, I respect this number, truly on the chain.

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MetaMaximalist

· 11h ago

lol finally someone talking about *actual* network effects instead of just price charts. 2.23m txs/day isn't noise—that's genuine adoption curve momentum. most people still don't get the difference between hype and protocol sustainability tho

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SmartContractWorker

· 11h ago

Hmm... ETH drops 10 points, but on-chain data hits new highs? This contrast is quite interesting. Layer 1's practical value is coming to the forefront; speculators should wake up. 2.23 million transactions, this number doesn't lie, much more reliable than listening to analyst hype. Finally, someone is starting to look at the fundamentals; that previous hype routine should come to an end. Wait, are they saying that 2026 will really be L1's turn? I need to reevaluate my holdings. Prices aren't rising, but data is booming—there's opportunity hidden in this contradiction. Transaction activity is so vigorous, indicating real demand is there; prices will catch up sooner or later.

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