Challenger blockchains Sui, Sei, and Ronin are currently experiencing a surge in popularity. Their original cryptocurrencies have seen a threefold increase in value over the last three months, surpassing all other layer-23.7 assets in the top-100 by market capitalization. In contrast, market leaders such as bitcoin, ether, and binance coin only grew by around 30% during the same period. Solana (SOL) and Avalanche (AVAX) have seen significant growth, while smaller cryptocurrencies SUI, SEI, and RON have less liquidity and are more volatile. However, data shows an increase in usage for SUI and Ronin in recent months. The market is showing interest in new layer-1 networks. Sui, created by ex-Facebook/Meta engineers, is a delegated proof-of-stake network known for its high-performance blockchain capable of processing transactions simultaneously for quicker transactions. The total value locked in Sui has surged from $90 million to $560 million in just three months, making it a top contender alongside Bittensor and Celestia in terms of rising bitcoin price ratios. SUI’s recent increase in value is only partly due to its rally. At the end of October, 73 million SUI was staked in its DeFi protocols, but now that number has decreased to just over 13 million. The majority of the network’s Total Value Locked (TVL) comes from platforms like Scallop, Navi, and Cetus. In contrast, more established blockchains like BNB Chain, Avalanche, and Polygon PoS have seen their TVL decrease, despite the overall resurgence of the crypto market in the past year. BNB Chain’s total BNB locked has been on a downward trend since 2021. Ronin, created by Sky Mavis, is an EVM blockchain designed for gaming communities. The platform gained significant attention in 2022 when its token bridge was hacked by North Korea-linked attackers, resulting in the theft of over $650 million in crypto stored in the smart contract. Three months ago, Ronin had approximately 21,000 active daily users. The current number has increased to 615,000, with CARV, Pixel, and Apeiron leading the way in Web3 decentralized identity service and games. The daily active users measurement is known to be unreliable in the world of cryptocurrency. This number shows how many different addresses engage in at least one transaction each day but can be manipulated with bots and other deceitful tactics. It is uncertain if the reported active user numbers for the mentioned networks are legitimate, so it is advisable to approach them with caution. The daily active addresses for Bitcoin and Ethereum have remained relatively constant over the last five years. Sei, similar to Sui, is a network focused on parallel processing.