Layer-2 blockchain projects like Polygon ($POL) are emerging because they solve the problems of scalability and cost in the decentralized environment. After gathering a report from LunarCrush, a recent report from Phoenix Group focuses on the Layer-2 projects regarding the social activity ranking.
Metrics like active posts and total interactions reveal how these projects engage users, and $POL boasts the best figures, followed by $MNT and $ARB, with other successfully developing projects not far behind.
$POL: The Unrivaled Leader
$POL is the most prominent in the rankings, reaching 970.8K interactions across social media. Such activity clearly illustrates the universality of the given project and the possibility of attracting users’ attention on a massive scale. Thus, $POL has become one of the key Layer-2 solutions, sharing 7.8K engaged posts and establishing dominance.
This performance can also be attributed to the increasing use of the project and the existence of an active community that is engaged in discussing the further developments of the project.
$MNT and $ARB Highlight Better Results
After $POL comes $MNT with 566.9K interactions and 5.5K engaged post engagements. Due to Layer-2 scaling services where $ MNT enjoys an active user base and massive community support, this token continues to expand its influence significantly. It is shortly followed by $ARB, which had 620.6k interactions with 4.6k engaged posts. $ARB is one of the most popular Layer-2 solutions due to its scalability and relatively low fees for developers and users.
The Competitive Middle: $ZK, $STRK, and $STX
ZK ranks fourth here with 736.5K interactions and 4.6K engaged posts to illustrate the increasing demand for zero-knowledge proof technology in privacy and scalability. $STRK maintains similar interaction rates and comes second with 570.7K interactions from the 4.5K engaged post, highlighting its potential Layer-2 candidate. $STX has the same engaged posts as $OP but gained 988.7K interactions, which speaks to its stable social media position.
These projects illustrate the dynamics of the Layer-2 space as technological development and community effort are intertwined.
$OP, $CULT, $IMX, and $MANTA Close the Top Ten
$OP takes the seventh place with 370.8K interactions from 2.9K posts. $CULT secures 497.9K interactions and is considered to have a specific and loyal audience. $IMX has 332K interactions and 2.3K engaged posts because of the focus on improving customers’ usability in decentralized gaming and NFT spaces. Lastly, $MANTA successfully fetches 305.4K interactions from 2.1K active posts, which points to the platform’s applicability as a privacy-centric Layer-2 platform.
Conclusion
The Layer-2 space is still progressing at a fast pace, and the social activity rankings are rather useful for assessing the emerging projects and top Layer-2 coins, such as $POL, $MNT, and $ARB, witness growing demand for accessible, fast, and effective Layer-2 solutions. However, $ZK, $STRK, and $STX extend this competition further, as $OP, $CULT, $IMX, and $MANTA demonstrate the versatility of problem-solutions and underlying technologies in this sector.As Layer-2 solutions like $POL remain to solve scalability issues within the blockchain, such projects are laying down future templates for innovation and adoption. With such dynamic developments, the Layer-2 environment will continue to garner significant attention and engagement from blockchain enthusiasts and developers in the next few years.