Only up to 3 public chains worth betting on in the upcoming growth cycle

The next cycle could be very different.
AI + open source are lowering the barriers to building blockchains to unprecedented levels. For investment banks or large corporations, forking an EVM-compatible chain, modifying logic with AI, and deploying a real product might only take a few dozen to about a hundred work hours.
Once they have an existing ecosystem of users, brand recognition, and legal advantages, deploying a private blockchain is no longer too complicated.

When “Absolute Decentralization” Is No Longer the Only Priority
In the past, public chains competed based on decentralization and trust without intermediaries.
But in many new contexts, performance-focused factors and auditable ledgers are beginning to take precedence.
This leads to a reality:
Not all public chains can survive long-term. Divergence will become increasingly clear.

3 Public Chains Likely to Persist Long-Term
1️⃣ Ethereum (ETH) – Payment Layer & Trust Platform
Ethereum remains the most decentralized platform, serving as:
Settlement layer
On-chain financial infrastructure
Trust platform for the entire ecosystem
Despite many competitors, ETH remains the “backbone” of DeFi and smart contracts.

2️⃣ TON (TON) – Mass User Gateway
If Telegram truly brings hundreds of millions of users onto the blockchain, TON will have an advantage no other chain can match: natural user distribution.
The ability to integrate wallets, payments, and mini-apps within a global messaging ecosystem opens up huge growth potential.

3️⃣ Solana (SOL) – High Performance & Meme Culture
Solana represents:
High speed
Low fees
A very strong MEME ecosystem
MEME coins can be volatile, but they won’t disappear. When speculative capital flows back, Solana often absorbs liquidity very quickly.

What About Other Chains?
Blockchains like AVAX, SUI, APT, ADA… are likely to enter long-term competition phases and face fragmented liquidity.
The market doesn’t need too many public chains.
Liquidity will ultimately concentrate on a few names with:
Strong trust foundations
Real users
Strong culture
Or geopolitical advantages

Conclusion
The next cycle may not be a “mass altcoin season” like before.
Capital will be more selective.
If choosing up to three public chains for long-term positioning, they are most likely:
ETH – TON – SOL.
The rest will have to fight very hard to survive.