ETH
Ethereum, as the "King of Ecology", has long been a gathering place for altcoins, but it has a shortcoming - gas is too expensive during the bull market, and transaction efficiency is very low.
BSC BNB
① In the previous cycle, at the beginning of 2021, Binance’s BNB chain seized the “spillover” of the Ethereum ecosystem and launched Ethereum’s “side chain” BSC chain. Because BSC is relatively centralized (high efficiency), it has low handling fees, high transaction efficiency, good user experience, and the traffic support of Binance, it has quickly become a platform for issuing various altcoins. These altcoins are nicknamed by the industry "Country dog". As a result, the BSC chain became the second largest ecological public chain after Ethereum. BNB was converted from a platform token into an ecological token, and its market value ranked among the top three.
② In this cycle, BSC has obviously lagged behind. To this day, the price of BNB is still supported by Binance’s new coin launch pledge. The attention of the BSC chain itself has dropped a lot compared to the previous bull market.
SUN
Since SOL itself was born in FTX, is closer to Wall Street, is decentralized (high efficiency), has low gas fees, and good user experience (ignoring downtime), so starting from 2024, many star MEME coins will be on Born on SOL, there are many meme coins with a thousand or ten thousand times, such as bonk, WIF, etc., which have skyrocketed. Many new projects are prioritized for issuance on SOL, which creates a strong wealth effect in the SOL ecosystem.
The crypto market is still in a wild stage. Except for Bitcoin, which has become a legal and compliant asset that can be allocated by traditional financial institutions through ETFs, other currencies are still mostly speculative. Since funds are all speculating on the SOL ecosystem, SOL-related memes, dex and other tokens are naturally being chased by funds.
In the last cycle, SOL was backed by FTX. Under the pull and manipulation of the violent accumulation of TVL, the increase was astonishing, but the ecology was "very ordinary". In this cycle, the dex, oracles, pledges, gamefi, ntf, meme, etc. on SOL are all faint. Coming out of a position that can fight against Ethereum is very similar to BSC in the last cycle.
Although SOL has not escaped the shadow of the "downchain", it is highly likely to surpass ETH and become the second largest ecological public chain in this cycle.
think
① There are many projects in the crypto market, the technology is very good, and the ecology also has a certain commercial value, but they just don’t rise, and there is even no financial attention. The core reason is that they don’t tell stories, don’t develop models, and don’t do gameplay during the bull market, so there is no Naturally, everyone is unwilling to speculate on the wealth effect.
② In each cycle, a large number of new people will enter the market. Which projects are friendly to these new users and allow them to participate in the market with a very low threshold, whoever will succeed easily will succeed. In the last cycle, BSC, TP Wallet, and Little Fox Wallet SOL and okx wallet have done very well in this cycle.
Who is the next SOL?
Talented people have emerged from generation to generation, and each has led the way for hundreds of years.
The star project from 2017 to 2018, the largest ICO project, a project that everyone around the world knows and participated in. After experiencing the inaction of b1 company and founder blockchain wizard BM, the community self-rescue in 2021 will accept public chain operations through ENF , after 2-3 years of internal integration and sorting, straightening out capital relationships, and reintegrating internal resources (some reforms failed, such as canceling some working groups, but valuable experience was gained), EOS labs was launched in 2023 to re-promote ecological development. , the new leap6 was upgraded (hard fork) in July to increase the security, performance and user experience of the entire chain. Foundations, labs, BP nodes, projects, communities - full communication and interaction, the entire chain has an unprecedented unity that far exceeds 2018! User experience, publicity and new inclusion, community operations, ecological development, etc., have been identified by ENF as the core direction of current work. The ultimate goal is to "MAKE EOS GREAT AGAIN", while allowing community users, project ecology, and nodes to gain value. . In particular, recently, Foundation CEO Beard revealed the outline of the "new economic model" (a complex, effective, learnable, and innovative economic model) on the X platform, which has received unanimous praise from the blockchain world. I believe At the right time, with the launch of the new economic model, EOS will surely detonate the blockchain world again!
🤟For more core secrets, please pay attention to: BTC L2 layer, RAM memory, RAMS inscription, DA computing power, etc.
