In their latest report, analysts at Our Crypto Talk stated that the idea of blockchain as a “world computer” has exhausted itself. The industry is moving away from the concept of global computing platforms and toward building practical, invisible infrastructure.
They also noted that in 2025 more than 100 active L1 blockchains are already operating. Most of them are competing for the same developers and liquidity — with little success.
Faster Does Not Mean More Useful
According to Our Crypto Talk, the industry spent years in panic over the scalability trilemma. Developers repeatedly promised to solve performance issues through new virtual machines and alternative consensus mechanisms.
In the end, rollups and the modular approach emerged as the real winners. Ethereum became the center of capital and settlement, while Solana positioned itself as a hub for high-speed trading.
Most L1 Blockchains Do Not Survive
Analysts pointed to the weak performance of tokens across most Layer 1 networks. Their data shows that many of them have fallen by 50–90% from their all-time highs.
“This is not just a temporary bearish trend, but a sign of deep market saturation,” they said.
Roughly 80–85% of new L1 blockchains disappear within their first year of operation. Building a blockchain just in case no longer makes economic sense.
Where New Networks Are Still Needed
Launching a new blockchain is justified only when it operates in regulated environments, addresses a narrow use case (such as stablecoins or derivatives), or introduces a unique economic model.
For example, the RWA sector has grown to $24.0–30.0B, while Hyperliquid has become a powerful piece of infrastructure focused on a specific task rather than trying to dominate the entire market.
From Showcase Blockchains To Engine Blockchains
The industry is entering a phase of consolidation, and the winners will be those that become indispensable infrastructure for specific markets.
“The best blockchains of the future will be boring, but nothing will work without them,” the experts concluded.
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