The subsequent ambush camps are still the mainstream choice, sol bob mkr Aave sui phased bottoming is a relatively stable choice at present
BNB is Binance's favored child! The exchange feeds it directly. With a large number of users globally, BNB chain's daily transaction volume remains steady at 3.59 million transactions, with fees as low as 0.003 dollars, making it easy for retail investors to participate. In March 2025, Binance invested 100 million dollars in liquidity incentives, allowing DeFi projects to take advantage, and the ecosystem's activity is sure to rise. It also has great potential, as Binance is aggressively promoting Web3 wallets and Launchpool projects on the BNB chain, where users can stake BNB to earn new tokens, a 'passive income' model that will continuously attract funds. However, after BNB's market value was surpassed by SOL, Binance will definitely need to take significant actions to reclaim its territory; otherwise, it would be a loss of face.
SOL is as fast as a fighter jet! With a daily transaction volume of 5.6 million transactions and fees of only 0.0005 dollars, high-frequency trading and NFT players love it. In March 2025, thanks to the AI projects managed by Jump, SOL soared to 185 dollars, regaining a market cap above BNB to return to fourth place. It is now focusing on 'institutionalization', working with Visa on payment channels and attracting Wall Street quantitative teams. Recently, Jump restarted the AI project ARC on Solana, and the on-chain AI sector may explode. However, its weakness is network stability; if it crashes again, faith will collapse directly, just like a house without a foundation!
MKR is an old player in the DeFi world, very stable! Although it doesn't directly appear in the search data, it is the 'father' of the DAI stablecoin, having enjoyed the benefits of the ETH ecosystem. Recently, ETH's TVL surged to 47 billion dollars, and the demand for DAI collateral will only increase. MakerDAO is working on an 'endgame plan' to expand DAI to chains like Solana and Sui to compete with USDT. Additionally, MKR's buyback and burn mechanism (which has burned 130 million dollars this year) will keep the coin price rising. However, one must be cautious of sudden regulatory actions, as stablecoins are currently under close scrutiny.
AAVE is the leader in the lending sector, consistently ranking in the top three for TVL on ETH. Although ETH has only 300,000 daily active addresses, large holders and institutions love using it for leverage. The recently launched V4 version supports cross-chain collateral, allowing Bitcoin to be used as collateral. It is secretly laying out RWA, tokenizing U.S. Treasury bonds on-chain, aiming to take a bite out of traditional finance. However, if the DeFi market cools down, AAVE's lending volume will decline, affecting fee income; it all depends on whether the bull market can continue.
SUI is the king of competition among new public chains! TVL has surged to 1.13 billion dollars, and the amount of on-chain assets locked ranks in the top seven, focusing on 'instant confirmation + ultra-low Gas', particularly suitable for gaming and social DApps. It has recently partnered with South Korean gaming giant Nexon to attract traditional game users into blockchain gaming, which is sure to boost the ecosystem. Moreover, Sui's Move language is safer than Solidity, attracting many former Aptos developers to switch jobs. However, new chains are prone to being drained by old chains, and whether they can retain users will depend on future developments.
