In just one year, the landscape has dramatically changed!

Looking back at last year's top 10 public chain projects by market capitalization—some have quintupled, while others have evaporated by hundreds of billions: The biggest dark horse: XRP, soaring 5 times in a year, strongly surviving.

The biggest disappointment: TON, with a market cap loss of $14.9 billion, exiting dismally.

What is intriguing: In the next round of TOP 10, who will make a comeback?

With AI storytelling, on-chain creation, and real-world assets (RWA) continuing to heat up, the potential “new forces” that could rise in the future may come from the following tracks:

AI + Blockchain (such as FET, AKT, etc.)

Chain games and ZK track (such as IMX, ZRO)

New public chains (such as SEI, SUI)

The TOP 10 in each bull market is reshuffling. Don’t just focus on established projects; the real wealth springboard is often hidden in the next “wild horse.”

When the market reverses, it is also the best window for laying out new narratives. Who is your next “top ten” candidate?