Binance Clarifies Layer 1 Blockchain Networks: Native Tokens Fuel Transaction Processing

Binance has defined layer 1 blockchain networks as the base layer that handles transaction processing and finalization through native token fees.

This definition implies that these networks form the foundation of blockchain transactions, with the native token powering all activity on the network.

The example provided by Binance highlights BTC's market dynamics in 2026, where its native token facilitates transaction processing and finalization.