In every bull market cycle of cryptocurrencies, there is always a Layer 1 public chain coin that stands out and becomes the market leader. Looking back at history, in the first bull market, Bitcoin (BTC) led the trend; in the second bull market, with the rise of smart contracts, Ethereum (ETH) became the focus; in the third bull market, Solana (SOL) dominated with its high performance and rapid growth. So, who will be the leader of the fourth bull market?
Looking forward to the fourth bull market: the rise of SUI, APT and SEI
Currently, the most popular Layer 1 public chain tokens in the market include Sui (SUI), Aptos (APT) and Sei (SEI). These three not only have their own advantages in technology, but also show strong growth potential in ecological construction and market acceptance.
1. Sui (SUI): A high-throughput and low-latency smart contract platform
Sui was launched by Mysten Labs in May 2023. It is a smart contract platform that uses the Move programming language. Its design goal is to provide a high-throughput and low-latency trading environment, enabling developers and users to interact in a more efficient network. Sui not only improves transaction speed, but also optimizes resource utilization through innovative architecture, greatly enhancing user experience. The launch of major exchanges such as Binance has provided strong support for the popularity and liquidity of Sui.
2. Aptos (APT): Dual guarantee of scalability and security
Aptos is also developed based on the Move language, emphasizing the scalability and security of the system. Aptos is committed to providing an efficient and reliable development platform for Web3 applications, attracting the attention of many developers. Its unique consensus mechanism and modular design not only improve the performance of the network, but also ensure the stability and security of the system in the face of complex application scenarios.
3. Sei (SEI): Focus on performance optimization of decentralized exchanges
As the first industry-specific Layer 1 blockchain, Sei focuses on the performance optimization of decentralized exchanges (DEX). Sei was originally designed to improve transaction speed and efficiency and solve the performance bottlenecks faced by existing DEXs when high-frequency transactions and large-scale users are online at the same time. By optimizing the underlying protocol and on-chain execution, Sei not only improves transaction throughput, but also reduces transaction costs, providing a solid foundation for the development of the DEX ecosystem.
Why is it so important to pay attention to Layer 1 public chains?
In every bear market, the market will experience a reshuffle and consolidation, and the development of Layer 1 public chains, as the infrastructure of the entire crypto ecosystem, directly affects the future direction of the entire currency circle. With the continuous advancement of blockchain technology and the increasing richness of application scenarios, the market demand for public chain coins will only grow. Whether it is DeFi, NFT, or Web3 applications, they are inseparable from the support of efficient and stable underlying public chains. Therefore, paying close attention to and investing in potential Layer 1 public chains can not only seize the opportunity of the next bull market, but also occupy a favorable position in the long-term development of blockchain.
