While there are 80 digital assets inside the Smart Contract Platform sector, the sector is highly concentrated with ETH1 representing more than half the sector, and the top 10 assets representing 90.6% of the sector. Within the Single Chain industry, significant assets beyond ETH include ADA and SOL2, each with its own blockchain and dapp ecosystem. DOT3, a layer zero relay chain that serves as a hub for other parachains, and AVAX4, the primary network for a series of subnetworks, are other key assets in the sector included in the Multi-Chain/Parachain industry.
Originally Posted on: https://www.coindesk.com/markets/2022/08/02/the-smart-contract-platform-sector-explained/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Jodie Gunzberg