layer1

According to the compilation of the "2026 Crypto Dead Projects List", the number of dead projects this year has reached 368, an increase of 244 from the number disclosed on August 14. Among them, 85 projects actively announced their cessation of operations, accounting for 23.1%; the remaining 283 were identified by RootData based on operational status monitoring and review, accounting for 76.9%.The list includes on-chain projects such as Blast, Abstract, Balancer, Goldfinch, Zapper, Proof of Play, Linera, as well as trading platforms like CoinEx and BitMEX. Among these, 37 projects raised over $10 million, and 94 projects raised over $1 million. In terms of sector labels, DeFi projects are the most numerous, with a total of 110, accounting for 29.9%; infrastructure projects number 64, accounting for 17.4%, with 13 projects each in Layer1 and Layer2. The AI label involves 27 projects. The list covers multiple fields including trading and lending, underlying networks, gaming, and AI.It is reported that RootData regularly monitors the operational status of over 21,000 projects in its database. In addition to determining based on announcements and news, they also conduct further manual reviews of projects that have not updated their official websites and social media for over six months. For more details, see the article "Statistical Logic and Thoughts on RootData's Dead Projects List".

Layer1 blockchain Linera posted on X that the LNRA community round commitment period has ended, failing to reach the minimum target of 1.5 million USDC. A total of 617 participants from 69 countries committed a total of 848,271 USDC.The related website will be updated soon to begin processing refunds, which will be returned to the same wallet used at the time of commitment. An announcement will be made once the refund process is live, and further updates will be released after the refund period ends.

Layer1 Public Chain Linera has raised approximately $150,000 since launching its community round public fundraising on September 1, with 172 addresses participating, leaving a gap of 95.2% from the target of $3.2 million.It is reported that the token valuation for this round of financing is $160 million, lasting for a total of 7 days. Previously, in 2022 and 2023, Linera raised a total of $12 million, with investors including a16z, GSR, Tribe Capital, Flow Traders, Laser Digital, and others.

According to CoinDesk, Laser Digital, the digital asset division of Japanese financial group Nomura, announced a strategic investment in the UAE Layer1 blockchain project ZIGChain. The two parties will collaborate to promote the on-chain development of the private credit market in the Gulf region, including asset products that comply with Sharia financial rules.The specific investment amount has not been disclosed, but market sources indicate that the investment scale reaches the high single-digit millions of dollars. ZIGChain has currently partnered with Standard Chartered and the crypto-friendly fund service provider Apex Group, focusing on on-chain asset management and private credit infrastructure development.

According to the Arc white paper released by Circle, the Arc mainnet is expected to launch in the summer of 2026, with the testnet having started in October 2025. As of May 5, 2026, it has processed a total of 244.1 million transactions. Arc is positioned as an institutional-focused public Layer 1 blockchain, compatible with EVM, natively integrated with USDC, supporting sub-second deterministic settlement, stablecoin-priced gas fees, and configurable privacy features. Cross-chain transfers are completed through Circle CCTP.The white paper also reveals that the initial supply of the native token ARC is 10 billion, with 60% allocated to ecosystem development, 25% belonging to Circle, and 15% reserved for long-term holdings.

SimpleChain announced that its testnet officially launched yesterday, simultaneously initiating an early ecosystem airdrop plan. Users can earn points by participating in testnet tasks, and these points will serve as the core basis for future public chain token airdrops.It is reported that the core members of the SimpleChain team come from former executives of Shuqin Technology and Ant Group. ChainCatcher previously reported that SimpleChain has completed a $15 million seed round of financing, led by traditional family offices and industrial investment institutions.SimpleChain is a Layer 1 infrastructure public chain specifically designed for RWA, and the testnet phase will focus on validating its core capabilities, including Trusted Data Services (TDS), Compliance as a Service (CaaS), and the complete link of the asset issuance protocol DataIPO.

SimpleChain announced the completion of a $15 million seed round financing, focusing on building RWA Layer1 infrastructure and continuously promoting the implementation and development of the ecological protocol DataIPO. It is reported that the core members of the team come from former executives of Shuqin Technology, NetEase, and Ant Group.According to public information, Xinhua News Agency previously reported that Shuqin Technology has made forward-looking layouts in China around trusted data, financial technology, and compliance links. The launch of SimpleChain is also seen as a further extension of the team's historical experience in the direction of RWA infrastructure.

ChainCatcher message indicates that, according to SoSoValue data, various sectors of the encrypted market are experiencing mixed gains and losses. Among them, the Meme sector rose by 1.38% in 24 hours, with Pump.fun (PUMP) and OFFICIAL TRUMP (TRUMP) increasing by 12.98% and 13.65%, respectively; the Layer1 sector increased by 1.02%, with Zcash (ZEC) continuing to rise significantly by 10.77% and Hedera (HBAR) up by 5.22%.In addition, Bitcoin (BTC) continues to pull back, down 1.60% in 24 hours, retreating to around $110,000. Ethereum (ETH) fell by 1.35%, maintaining around $3,900.In other sectors, the CeFi sector rose by 0.66%, with Binance Coin (BNB) up by 0.79%; the DeFi sector increased by 0.59%, with World Liberty Financial (WLFI) rising by 3.92%; the Layer2 sector went up by 0.52%, with Merlin Chain (MERL) increasing by 7.50%; additionally, the PayFi sector fell by 0.93%, but Litecoin (LTC) rose against the trend by 2.52%.The cryptocurrency sector indices reflecting historical market trends show that the ssiAI, ssiNFT, and ssiMeme indices rose by 2.42%, 1.77%, and 1.42%, respectively.

ChainCatcher message, according to the tracking data from the Web3 asset data platform RootData X, in the past 7 days, the Layer1 blockchain BNB Chain has been the project with the most new followers among X (Twitter) Top personalities. New influential figures on X who have followed this project include well-known cryptocurrency trader Ansem (@blknoiz06) and well-known cryptocurrency trader Hsaka (@HsakaTrades).

ChainCatcher news, according to BlockchainReporter, Move Industries announced that the Movement network will transition from a sidechain architecture to an independent Layer 1 blockchain. The company claims that this move will significantly enhance performance, support native token staking, and provide support for Move 2.As a Layer 1 blockchain, Movement will be capable of processing over 10,000 transactions per second, with transaction confirmation times of less than one second, representing a substantial improvement over the current network's limit of 500-600 TPS. The design of the Layer 1 blockchain aims to fully leverage the performance potential of the Move Virtual Machine (MoveVM) while eliminating the centralized ordering risk associated with the sidechain model.Only unlocked MOVE tokens are eligible for staking. According to this rule, locked tokens held by investors or core contributors cannot be used for staking. Move Industries stated that this helps to link staking rights with real, active holders. Movement will also become an early adopter of the Move 2 language features.Move 2 introduces foundational developer features such as enumerated types and function values, and Movement's Layer 1 blockchain will be the first to support these new features. A public testnet for developers is set to launch soon, and the organization plans to complete the mainnet migration by the end of 2025.Previously, in May, it was reported that Movement Labs restructured and rebranded as Move Industries, implementing new governance and product strategies.

ChainCatcher message, according to the Web3 asset data platform RootData X tracking data, in the past 7 days, the Layer1 blockchain BNB Chain has been the project that X (Twitter) top figures have unfollowed the most. The new influential figures on X who have unfollowed this project include well-known cryptocurrency trader Ansem(@blknoiz06), well-known cryptocurrency trader Ansem(@blknoiz06), and crypto trader James Wynn(@JamesWynnReal).In addition, the project that X top figures have unfollowed the most also includes SushiSwap.

ChainCatcher message indicates that, according to SoSoValue data, the significant unexpected impact of the U.S. July PPI has weakened the expectations for a substantial interest rate cut in September, cooling market sentiment. In the past 24 hours, the cryptocurrency market has faced a widespread setback, with an average decline of about 2% to 9%. Among them, the Meme sector dropped 8.62% in 24 hours, with Pepe (PEPE), SPX6900 (SPX), and Fartcoin (FARTCOIN) falling 10.43%, 10.97%, and 13.52% respectively. Additionally, Ethereum (ETH) fell 2.43%, briefly dropping below $4500, and has now rebounded above $4600. Bitcoin (BTC) decreased by 3.85%, falling below $119,000.In other sectors, the CeFi sector declined 1.18% in 24 hours, with LEO Token (LEO) remaining relatively strong, rising 1.57%; the Layer1 sector dropped 3.25%, with Algorand (ALGO) down 9.86%; the PayFi sector fell 6.57%, with Velo (VELO) down 10.55%; the DeFi sector decreased by 6.65%, but Saros (SAROS) and AERO (Aerodrome Finance) rose 2.19% and 2.28% respectively; the Layer2 sector dropped 6.73%, while SKALE (SKL) surged 47.98%.The cryptocurrency sector indices reflecting historical market trends show that the ssiGameFi, ssiMeme, and ssiAI indices fell by 8.57%, 8.55%, and 8.35% respectively.

ChainCatcher news, according to The Block, the Layer1 blockchain project Fogo, created by former Wall Street executives, launched its public testnet on Tuesday.The first contributors stated that the architecture is designed to replicate the execution standards of traditional finance (TradFi) in a decentralized manner, providing real-time trade execution and on-chain trading infrastructure suitable for institutional scale.

ChainCatcher news, according to Coin Track Daily, institutions such as Techcombank, Techcom Securities, Masterise Group, and One Mount Group have jointly launched the local Layer1 blockchain project 1Matrix, which has now partnered with the Vietnam Blockchain Association (VBA).It is reported that, unlike the Ronin chain developed by the gaming company Sky Mavis, 1Matrix is positioned as a multifunctional infrastructure aimed at serving the strategic needs of various industries in Vietnam. The project has received support from political figures, including Major General Dang Vu Son, the former head of the government’s Crypto Committee, and has established a strategic partnership with the Boston Consulting Group, with goals including strengthening data sovereignty and cybersecurity capabilities.

According to ChainCatcher news, the Layer1 public chain Pharos Network has officially announced the open-source release of the blockchain virtual machine DTVM, developed in collaboration with AntChain.The Pharos team is dedicated to providing high-performance, institutional-level blockchain infrastructure for on-chain transactions. DTVM (Deterministic Virtual Machine) was jointly developed by the Pharos Network team, AntChain, and the Ant Supercomputing team, and it is also the practical application of the team's core technical architecture Dual-VM (dual virtual machine system) in the Web3 public chain.The open-sourced DTVM focuses on tackling core challenges such as performance bottlenecks, determinism guarantees, and ecological compatibility within blockchain networks, aiming to provide Web3 developers with a more efficient development experience and to promote breakthroughs in high performance and multi-ecosystem compatibility.