2024年公鏈市場回顧：一半冰一半火

2024 is destined to be a year of great significance in the development of cryptocurrency. From the official approval of Bitcoin and Ethereum ETFs to the US President-elect Trump's plan to use Bitcoin as a national strategic reserve, cryptocurrency has gradually become an emerging asset type recognized internationally. Bitcoin has broken through the $100,000 mark, MEME coins on Solana have emerged in an endless stream, and various original star projects have lost their luster, and the cryptocurrency market is in a state of ice and fire. Behind these changes, the public chain has always been the core battlefield of the crypto market, and all these competitions are also reflected in the competition of the public chain.

2024年註定是加密貨幣發展具有重要意義的一年。從比特幣和以太坊ETF正式獲批，到美國候任總統川普計畫將比特幣作為國家戰略儲備，加密貨幣逐漸成為國際認可的新興資產類型。比特幣突破10萬美元大關，Solana上的M​​EME幣層出不窮，各種原創明星計畫失去光彩，加密貨幣市場陷入冰火兩重天。這些變化的背後，公鏈一直是加密市場的核心戰場，而這一切的競爭也都反映在公鏈的競爭中。

So from the perspective of data, which public chains have truly risen in 2024? Which public chains may not be underestimated, but actually decline? PANews conducted a review and summary on this.

那麼從數據來看，2024年有哪些公鏈真正崛起了呢？哪些公鏈可能未被低估，但實際上正在衰落？ PANews對此進行了回顧和總結。

Data description: This inventory targets Layer 1 and Layer 2, which are relatively popular, and focuses on TVL, token price, market value, number of active addresses, number of transactions, etc. throughout the year, from January 1, 2024 to December 29, 2024. Some public chains launched on the mainnet in mid-2024 use the initial data and year-end data when these public chain tokens are launched. TVL data uses Deflama, daily activity and daily transaction volume data come from Tokenterminal and the official browser, and price data comes from Coingecko.

數據說明：本次盤點針對較為熱門的Layer 1和Layer 2，重點關注2024年1月1日至12月全年TVL、代幣價格、市值、活躍地址數、交易筆數等2024年12月29日，部分2024年中上線主網的公鏈使用的是這些公鏈代幣上線時的初始數據和年末數據。 TVL數據使用Deflama，每日活躍度和每日交易量數據來自Tokenterminal和官方瀏覽器，價格數據來自Coingecko。

The public chains reviewed this time include:

本次審核的公鏈包括：

Layer1: Solana, Ethereum, BNB Chain, Sui, Aptos, TON, Avalanche, Cardano, Hyperliquid, Fantom (Sonic), Tron, Near

Layer1：Solana、以太坊、BNB Chain、Sui、Aptos、TON、Avalanche、Cardano、Hyperliquid、Fantom (Sonic)、Tron、Near

Layer 2: Base, Arbitrum, Optimism, zkSync, Polygon, Blast, Scroll, StarkNet, Taiko, Linea.

第 2 層：Base、Arbitrum、Optimism、zkSync、Polygon、Blast、Scroll、StarkNet、Taiko、Linea。

Layer1 TVL increased by an average of 7 times, with Hyperliquid and TON seeing the highest growth

Layer1 TVL 平均成長 7 倍，其中 Hyperliquid 和 TON 成長最高

In terms of TVL data, overall, the overall TVL data of the public chains analyzed has increased by 117.7% this year. Among them, the TVL of Layer 1 in 2024 increased by an average of 707.69%, and the TVL of Layer 2 projects increased by an average of 8515.22%. However, this is mainly because the TVL of L2 public chain Taiko was low when it was first launched, resulting in an increase of 825 times. Excluding Taiko, the average growth of other Layer 2 this year is 294.69%.

從TVL數據來看，整體來看，今年分析的公鏈整體TVL數據成長了117.7%。其中，2024年第1層專案TVL平均成長707.69%，第2層專案TVL平均成長8515.22%。不過，這主要是因為L2公鏈Taiko剛上線時TVL較低，導致成長了825倍。排除Taiko，其他Layer 2今年平均成長294.69%。

Among Layer 1, the ones with the highest TVL growth are Hyperliquid, TON, and Aptos, all of which have increased by more than 10 times. Among them, Hyperliquid's TVL has increased by 4407% since its launch. Among Layer 2, Taiko and Base are both the kings of growth this year. Taiko's TVL has increased by 82,500% from its launch to the end of the year, while Base's TVL has increased by about 721.51% throughout the year.

Layer 1 中，TVL 成長最高的是 Hyperliquid、TON 和 Aptos，都成長了 10 倍以上。其中，Hyperliquid的TVL自推出以來增加了4407%。在 Layer 2 中，Taiko 和 Base 都是今年的成長之王。 Taiko的TVL從推出到年底成長了82,500%，而Base的TVL全年成長了約721.51%。

In addition to the growth, some public chains’ data not only failed to grow significantly after one year, but also experienced a certain decline. Among them, zkSync’s decline was the most serious, with TVL falling by 41.25% during the year, followed by Optimism (-16.69%), Fantom (-13.95%), Tron (-9.17%), and Polygon (-1.67%).

除了成長之外，一些公鏈的數據在一年後不但沒有明顯成長，反而出現了一定的下滑。其中zkSync下滑最嚴重，年內TVL下降41.25%，其次是Optimism（-16.69%）、Fantom（-13.95%）、Tron（-9.17%）、Polygon（-1.67%） 。

The daily activity of half of the public chains has declined, with Solana having the highest daily activity

半數公鏈日活躍度下降，Solana 日活躍度最高

In terms of network activity, the number of daily active addresses of Hyperliquid, Sui, and TON increased the most in 2024, with increases of 13381.48%, 3350.55%, and 2409.43%, respectively. In addition to these three public chains, the daily active data of several public chains such as Base, Aptos, and Solana also increased by more than 10 times during the year.

從網路活躍度來看，2024 年 Hyperliquid、Sui、TON 的每日活躍位址數增幅最大，增幅分別為 13381.48%、3350.55%、2409.43%。除了這3條公鏈外，Base、Aptos、Solana等幾條公鏈的日活躍資料年內也成長了10倍以上。

Surprisingly, among the 22 public chains analyzed, the daily active users of 9 public chains have declined to varying degrees this year. Among them, the daily active users of zkSync and StarkNet chains declined the most in 2024, exceeding 90%. In addition, the daily active users of Near, Blast, Polygon, Avalanche, Cardano, Optimism, and Tron have all declined to varying degrees compared to the beginning of the year.

令人驚訝的是，在分析的22條公鏈中，今年以來有9條公鏈的日活躍用戶出現了不同程度的下降。其中，zkSync和StarkNet鏈的每日活躍用戶在2024年下降幅度最大，超過90%。此外，Near、Blast、Polygon、Avalanche、Cardano、Optimism、Tron 的日活躍用戶較年初均出現不同程度下降。

At the beginning of the year, Tron had 2.2 million daily active addresses, ranking first among all public chains. After a

年初，波場日活躍地址達220萬，位居公鏈第一。經過一個