3 main insights about Layer 1s from Messari report "State of L1s Q3 2023"📊

1. Ethereum stands strong: although revenue fell 47.3% quarter-over-quarter, ETH still accounted for over 90% of total L1 revenue🔹

2. SKALE is leading transactions growth with 241% quarter-over-quarter increase in average daily transactions🤯

3. The number of developers is falling, the total number of full-time developers across the Layer-1 solutions decreased by 14% quarter-over-quarter, reaching 3.6K. However, the decrease was driven by newcomers leaving the area🏃