I just revisited Web3 and Web3 coins and realized that this is truly a major trend reshaping the internet. Today I want to share some things I’ve learned.

Web3 is basically the next version of the internet, where users not only view and create content but also truly own their data. Unlike Web 2.0 (Facebook, Google, Instagram) where big tech controls everything, Web3 is built on blockchain and decentralization.

The main features of Web3 are blockchain protecting data, AI enabling smarter searches, and a truly decentralized ecosystem. Metaverse, NFT games, DeFi, DAOs — all are developing based on this foundation.

Regarding potential Web3 coins, the current market is very different from last year. Major coins still lead: BTC is at $76.07K (market cap $1.52T), ETH at $2.08K ($250.6B). BNB remains strong at $657.80 ($88.66B). But if we talk about more specialized Web3 coins, Solana has dropped to $84 (from $144), Polkadot is only $1.25 (from $6.2), and Chainlink is at $9.42 ($6.85B).

What’s interesting is Polygon (MATIC) still stands at $0.18, Cardano (ADA) at $0.24 — these are platforms for building DApps and DeFi. CyberConnect (CYBER), with its decentralized social network model, is also worth watching, currently at $0.46.

I’ve noticed one thing: most Web3 coins have dropped quite a bit from their previous peaks. This could be an opportunity for those who believe in the technology long-term, but caution is needed as the crypto market remains very volatile.

Web3 is still in its early stages, but if you want to learn more about Web3 coins and how the market is developing, you can follow these projects on Gate or other exchanges to catch the trend.