I'm interested in learning about cryptocurrencies, specifically Solana. I want to know if 
Solana is considered a Layer-1 coin in the blockchain and crypto ecosystem. Can someone clarify this for me?
            
            
            
            
            
            
           
          
            6 answers
            
            
  
    
    Margherita
    Thu Nov 07 2024
   
  
    Monero is a privacy-focused Layer 1 blockchain, allowing users to conduct transactions anonymously.
  
  
 
            
            
  
    
    Valentino
    Thu Nov 07 2024
   
  
    Litecoin is a decentralized digital currency with faster transaction confirmation times and lower fees compared to some other cryptocurrencies.
  
  
 
            
            
  
    
    CryptoVanguard
    Thu Nov 07 2024
   
  
    Solana is a Layer 1 blockchain that has gained significant attention in the crypto space.
  
  
 
            
            
  
    
    Martino
    Thu Nov 07 2024
   
  
    Binance Chain is another notable Layer 1 blockchain, closely associated with the popular crypto exchange Binance.
  
  
 
            
            
  
    
    CryptoPioneer
    Thu Nov 07 2024
   
  
    BTCC is a top cryptocurrency exchange that offers a range of services to its users. These include spot trading, futures trading, and a wallet service for securely storing cryptocurrencies.