Fervent analysis of three parallel public chains??? The Web3 ecosystem needs their existence! Having seen the ups and downs in Web3 over the years, it’s always disheartening to watch projects that claim to disrupt everything eventually fade away. But recently, focusing on Aptos, Pyth Network, and NEAR Protocol, I’ve inexplicably felt a sense of stability. Perhaps after experiencing too many bubbles, I now value those who move forward step by step. —————————————————————— First, let’s talk about Aptos @Aptos. This kid was born with a "golden spoon" halo, having raised $350 million, backed by big names like a16z and PayPal. However, it hasn’t been resting on its laurels; instead, it’s been grinding on technology, and the parallel execution of its systems has indeed improved the chain's throughput and security. What impresses me even more is that there are now over 2.5 million wallet addresses on the chain, with daily active users peaking over 150,000. This isn’t just built on hype. Franklin Templeton’s $400 million OnChain Fund and BlackRock’s BUIDL have both chosen it, and those in the know understand the significance. Institutions have sharp eyes; if there’s no real value, would they invest real money? —————————————————————— Next, let’s look at Pyth Network @PythNetwork. This guy is taking a slightly different path, specializing in decentralized oracles. Over 120 financial institutions and exchanges provide it with price data, and the value of this data speaks for itself. It feeds prices to over 35 public chains weekly, covering tens of millions of users and hundreds of DeFi protocols, with $15.2 billion in assets relying on it. The collaboration with Revolut has allowed traditional finance users to smoothly access on-chain data, which is a brilliant move. DeFi lacks reliable data sources, and Pyth has positioned itself as a necessity. —————————————————————— Finally, let’s talk about NEAR Protocol @NEARProtocol. What I like most about this guy is its approachable nature. Having raised over $215 million, the ecosystem fund reportedly totals $800 million, with big players like a16z and Pantera backing it. It doesn’t engage in any mysticism; it focuses on usability and multi-chain interoperability. Currently, the number of accounts on the chain exceeds 32 million, with daily active users once surpassing 500,000. This user base is solid. Applications like Sweat Economy and Ref Finance are thriving in the ecosystem, and user stickiness is undeniable. Watching it diversify its ecosystem gives me the feeling that this chain has a bright future. 🧐 In fact, the reason these three chains give me hope is simple. In terms of capital and resources, they are all backed by capable players who are not short on ammunition; in terms of technology and positioning, each has its own unique strengths, avoiding competition on a narrow path; In terms of users and ecosystems, they are all built on real efforts, not empty promises; in terms of cross-domain penetration, they cater to traditional finance, Web3 users, and developers, expanding their reach. Old Cha believes that the future of Web3 will rely on projects that understand both technology and users, and can gain the trust of institutions. Aptos is focused on the tokenization of institutional financial assets, Pyth is establishing itself as the data infrastructure standard for multi-chain DeFi, and NEAR is expected to continue expanding its market share through its user ecosystem. In the future, I believe Aptos may take the lead in the tokenization of institutional financial assets, Pyth will become the standard for multi-chain DeFi data infrastructure, and NEAR is likely to continue expanding its market share due to its user ecosystem.
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