In the current market landscape, the competitive dynamics among different chains and protocols are reshaping the industry. Let's analyze six key areas worth关注.

SOL, as the leading top-tier public chain in terms of trading volume, revenue, and transaction count, has outstanding institutional allocation and market cap potential, but faces dual pressures from token inflation and declining user activity. BNB maintains the second position with a complete ecosystem support, staking rewards mechanism, and stable price performance, though it still has shortcomings in speed and innovation iteration.

SUI, backed by a strong foundation, has a clear development path and rapid growth in the DeFi ecosystem, but also faces inflation issues and the challenge of large unlocks in later stages. In comparison, AAVE, as a DeFi leader, boasts high user stickiness and security awareness, with token empowerment about to commence. However, DAO governance is still being adjusted, and it must contend with emerging competitors like Morph.

In the oracle sector, LINK maintains its advantage through a monopoly position and the world's strongest price feed capabilities. The potential for RWA applications is huge, but token empowerment is relatively weak, and market growth faces bottlenecks. Lastly, PENDLE, as an innovation leader, has solid revenue strength and good user stickiness, but its token empowerment is not yet strong enough, and new incentive plans are expected to be launched.

Overall, each project has clear advantages within its own track but also faces specific issues that need solving. When choosing, it’s advisable to weigh these challenges based on your own judgment.