In the wave of cryptocurrency, each bull market witnesses the rise of new public chains and the replacement of old dominators:

In the 2017 bull market, Ethereum (ETH) as the first-generation public chain galloped ahead, with a market value surpassing 70 billion USD, marking the beginning of the era of smart contracts;

In the 2021 bull market, the second-generation public chain Solana (SOL) broke through strongly, with a market value also reaching 70 billion USD, sharing half of the crypto market with Ethereum, which also reached a peak at that time;

Now, the horn of the 2025 bull market has sounded, and the third-generation public chain Sui is racing at high speed on the crypto track. Currently, Sui's market value has returned to 10 billion USD, while Solana is enjoying its shining moment, and Ethereum is showing signs of fatigue.

Will history repeat itself? This time, will it be Sui's 'show time'? Can it replicate the glory of its predecessors and push its market value to the peak of 70 billion USD? We shall see.