Some established public chains have taken off by leveraging RWA narratives and the meme craze, some have turned to the Bitcoin ecosystem, some are laying out plans for AI, while others are mired in development difficulties.

With the continuation of policies, the market expects Wall Street capital to prefer blockchain infrastructure that is stable and operates in a corporate manner, in order to facilitate the entry of real-world assets (RWA) and stablecoin capital.

A review of the combination of 7 established public chains and AI narratives shows that, overall, even when combined with AI, these established public chains seem to exhibit little vitality and determination, wavering on the boundary between riding the hype and genuinely getting things done.

The number of monthly active developers on Solana ranks fifth among all blockchain networks, with Ethereum, Polkadot, Cosmos, and Bitcoin taking the top four spots respectively.