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Think ETH had a blast post-EIP-1559 upgrade? Take a look at Layer 1 projects’ parabolic rise — SOL, LUNA, and AVAX led the chart with stellar performances, each driven with an intriguing narrative. With its price more than doubled in August, SOL has begun to garner institutional interest, as evidenced by an inflow of $7.1 million last week, outranking every other digital asset. On the other hand, Ether’s relative underperformance against some of its strongest competitors is an inevitable result of its sheer market cap and liquidity, which may have shielded the token from aggressive price swings.