Solana, Sei, and Sui are emerging as significant players in the Web3 space despite the broader cryptocurrency market downturn. Sui is leading in developer growth, boasting daily active users three times that of Ethereum and a total value locked (TVL) exceeding $2 billion, although its token SUI has seen a 44% decline over the past month. Sei is making waves with its impressive 400-millisecond transaction speed, attracting institutional interest from entities like BlackRock. However, its token price has also fallen 44% to approximately $0.161. Meanwhile, Solana is focusing on mass adoption, achieving over 65,000 transactions per second (TPS) and launching a new ETF, despite experiencing a 20.7% weekly price drop to around $155. Analysts suggest that a multi-chain model will likely emerge, fostering innovation through collaboration.