Terra, Avalanche and Osmosis lead L1 recovery as Bitcoin seeks support By Cointelegraph

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The first layer (L1) ecosystem has received increased attention in recent months as users search for new investment opportunities in the Cosmos (ATOM), Fantom (FTM) and NEAR.

Following the January market sell-off, where (BTC) price fell below $34,000, much of the L1 field struggled to regain momentum.

Price performance of L1 tokens since January 24. Source: Delphi Digital
ANC/USDT 1-day chart. Source: Trading View
OSMO/USDT performance compared to other cryptocurrencies. Source: Digital Delphi
Total value locked to Osmosis. Source: Llama Challenge

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