The competition among Layer-1 blockchains has never been more intense, with Sui (SUI), Ethena (ENA), and Coldware (COLD) emerging as frontrunners in the race for dominance in 2025. Each of these projects is establishing itself in a unique way. Sui (SUI) is rapidly expanding its influence in the stablecoin sector and the tokenization of Real World Assets (RWA), positioning itself as a key player in financial applications. Meanwhile, Ethena (ENA) is gaining momentum by building a powerful Layer-1 network, backed by institutional investors who recognize its potential for large-scale adoption. At the same time, Coldware (COLD) is making significant strides in decentralized infrastructure, positioning itself as the leading Web3 IoT blockchain by integrating real-world applications into its ecosystem.
As Ethena (ENA) and Sui (SUI) attract massive investments, Coldware (COLD) is forging a different path by developing innovative solutions in decentralized physical infrastructure (DePIN). With each of these blockchains pushing the boundaries of innovation, their impact on the crypto market in 2025 is expected to be profound.
Unlike Sui (SUI) and Ethena (ENA), which focus on financial transactions, Coldware (COLD) is building the largest Web3 IoT blockchain. With its innovative DePIN model, Coldware is creating a decentralized infrastructure for connected devices, allowing real-world transactions to be executed on-chain.
Coldware’s early adoption has been impressive, raising $700K in its first week, proving that investors recognize its game-changing potential. As the IoT and Web3 markets grow, Coldware could become the dominant Layer-1 blockchain for decentralized infrastructure.
Ethena (ENA) recently completed a $100 million private sale, with backing from Franklin Templeton, Pantera, and Fidelity’s venture arm, F-Prime. This investment will be used to build a new Layer-1 blockchain, Ethena Network, making it a major competitor to Sui (SUI) and Ethereum.
Ethena’s existing USDe stablecoin has already reached a $6 billion market cap, proving the demand for its synthetic dollar system. If Ethena successfully launches its Layer-1 network in 2025, ENA could surge past its previous all-time high of $1.29.
While Sui (SUI) and Ethena (ENA) are making strong moves in finance and stablecoins, Coldware (COLD) is revolutionizing blockchain infrastructure with its Web3 IoT network.
Sui (SUI) has strong adoption and stablecoin growth, making it a solid long-term investment.
Ethena (ENA) has massive institutional backing, setting it up for explosive growth.
Coldware (COLD) is a high-risk, high-reward investment, with massive potential in decentralized infrastructure.
With Sui (SUI), Ethena (ENA), and Coldware (COLD) all competing for dominance, 2025 will be a defining year for the next generation of blockchain leaders. While Sui and Ethena focus on finance, Coldware is positioning itself as the biggest Web3 IoT blockchain, making it one of the most exciting projects to watch.
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Pooja Lodwal is a skilled crypto writer with three years of experience in blockchain and digital currencies. She simplifies complex topics, making cryptocurrency easy to understand for all readers. Whether it’s Bitcoin, altcoins, NFTs, or DeFi, she breaks down the latest trends in a clear and engaging way. She stays updated on market news, price changes, and emerging developments to provide valuable insights. Her articles help both beginners and experienced investors navigate the ever-changing crypto landscape. Pooja believes in blockchain’s potential to transform the future of finance and is passionate about sharing her knowledge. Her writing is simple, informative, and accessible, ensuring that even newcomers can grasp key concepts with ease. By breaking down complicated terms, she makes learning about crypto enjoyable. Through her work, Pooja continues to educate and inspire readers, helping them stay informed about the exciting world of digital assets.
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