2024年公链市场回顾：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年注定是加密货币发展具有重要意义的一年。从比特币和以太坊ETF正式获批，到美国候任总统特朗普计划将比特币作为国家战略储备，加密货币逐渐成为国际认可的新兴资产类型。比特币突破10万美元大关，Solana上的M​​EME币层出不穷，各种原创明星项目失去光彩，加密货币市场陷入冰火两重天。这些变化的背后，公链一直是加密市场的核心战场，而这一切的竞争也都体现在公链的竞争上。

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.

那么从数据来看，2024年有哪些公链真正崛起了呢？哪些公链可能未被低估，但实际上正在衰落？ PANews对此进行了回顾和总结。

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.

数据说明：本次盘点针对较为热门的Layer 1和Layer 2，重点关注2024年1月1日至12月全年TVL、代币价格、市值、活跃地址数、交易笔数等2024年12月29日，部分2024年年中上线主网的公链使用的是这些公链代币上线时的初始数据和年末数据。 TVL数据使用Deflama，日活跃度和日交易量数据来自Tokenterminal和官方浏览器，价格数据来自Coingecko。

The public chains reviewed this time include:

本次审核的公链包括：

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 层：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 平均增长 7 倍，其中 Hyperliquid 和 TON 增长最高

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%.

从TVL数据来看，总体来看，今年分析的公链整体TVL数据增长了117.7%。其中，2024年第1层项目TVL平均增长707.69%，第2层项目TVL平均增长8515.22%。不过，这主要是因为L2公链Taiko刚上线时TVL较低，导致增长了825倍。排除Taiko，其他Layer 2今年平均增长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 增长最高的是 Hyperliquid、TON 和 Aptos，均增长了 10 倍以上。其中，Hyperliquid自推出以来TVL增加了4407%。 Layer 2 中，Taiko 和 Base 都是今年的增长之王。 Taiko的TVL从推出到年底增长了82,500%，而Base的TVL全年增长了约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%).

除了增长之外，一些公链的数据在一年后不但没有出现明显增长，反而出现了一定的下滑。其中zkSync下滑最严重，年内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

半数公链日活跃度下降，Solana 日活跃度最高

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.

从网络活跃度来看，2024 年 Hyperliquid、Sui、TON 日活跃地址数增幅最大，增幅分别为 13381.48%、3350.55%、2409.43%。除了这3条公链之外，Base、Aptos、Solana等几条公链的日活跃数据年内也增长了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.

令人惊讶的是，在分析的22条公链中，今年以来有9条公链的日活跃用户出现了不同程度的下降。其中，zkSync和StarkNet链的日活跃用户在2024年下降幅度最大，超过90%。此外，Near、Blast、Polygon、Avalanche、Cardano、Optimism、Tron 的日活跃用户较年初均出现不同程度下降。

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

年初，波场日活跃地址达220万，位居公链第一。经过一个