Data as of February 8, 2026 shows that social activity is a key barometer for assessing both market sentiment and project health. Bitcoin and Ethereum dominate all conversations, but the differences between these two and all other layer 1 blockchains demonstrate how robust legacy chains are and how difficult it is for new competitors to become relevant.
The unwavering reign of Bitcoin and Ethereum
Bitcoin’s continued dominance as a cryptocurrency is confirmed by its continued existence as the world’s top cryptocurrency. Bitcoin’s social media footprint has exploded in the past 24 hours, generating over 277,000 social media posts. These posts facilitated more than 148 million public interactions across platforms.
So, in the last 24 hours, Bitcoin’s social media footprint has almost tripled that of its next largest competitor. This increase in social media activity is often associated with the use of Bitcoin as a hedge against inflation, especially during times of extreme economic fluctuations globally.
Ethereum ranks second after Bitcoin in terms of posts and likes, with a total of 105,000 posts and 31.9 million likes. The reason Ethereum has so many posts and likes is due to advances in the decentralized app (dApp) ecosystem and scalability. In terms of number of interactions, Ethereum has more interactions than Bitcoin. However, Bitcoin may continue to dominate the cryptocurrency market.
Solana and the rise of high-throughput competitors
Solana (SOL) ranks as the third-largest social engagement layer 1 blockchain, with total social engagement activity consisting of 68.4K engaged posts and 15.2 million total interactions. Solana’s continued growth is due to its fast and cheap transaction ecosystem, which has led to a thriving community of NFT creators and DeFi developers. Although Solana’s network has experienced stability issues in the past, Solana currently has a very active and dedicated user base that still supports the notion that Solana is an “Ethereum killer.”
Both Cardano (ADA) and Hyperliquid (HYPE) have shown consistent growth in the number of posts engaged in community development. Cardano boasted 11.7K posts with engagement, while Hyperliquid, a new contender in the high-performance DEX and L-1 arena, clocked 6.7K. This highlights the diversification and expansion of user interests, especially in technology-specific niche areas, such as exploring initial market mechanisms and decentralized permanent market mechanisms, as users move from platform B to platform A.
The long tail of layer 1 innovation
Just as a graph of social activity tells a long story of important projects, there are many tokens with significant participation. Projects such as Sui (SUI), Litecoin (LTC), and Monero (MON) boast high engagement levels, although they do not have as many posts as Bitcoin, which has around 5,100 to 5,800 posts.
All the above projects have their own segments within the market that they serve. Monero shows demand for privacy-centric protocols, and Sui shows growing interest among developers using the Move programming language on blockchain.
conclusion
One of the most reliable soft metrics to measure the longevity of a blockchain project is its continued social engagement. And while Bitcoin and Ethereum will be the main gravity in this space, the solid activity levels surrounding the Solana ecosystem and some of the smaller, niche L-1 parts of the market indicate that the multi-chain future is on track. Both investors and developers should closely monitor engagement trends frequently in advance of large-scale changes in both liquidity and adoption rates/levels.
