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Data verified with real money in the market is the most convincing.
Recently, I directly executed sweep orders on the SOL, BASE, and BSC chains, and the differences in on-chain ecosystems are particularly obvious. In terms of liquidity, SOL clearly outperforms the others, followed by BASE, with BSC slightly behind. Looking at the intensity of trading competition (PVP), SOL still leads, BSC is close behind, and BASE is relatively relaxed. In terms of ecosystem project quantity (PVE), both SOL and BASE are good, while BSC's scale is noticeably smaller.
Overall, SOL's market is indeed larger and more active, and trading opportunities are more interesting. If you are an on-chain user seeking sufficient liquidity, trading depth, and a rich ecosystem of projects, SOL is currently a good choice. Of course, BASE's recent performance is also becoming increasingly attractive and worth paying attention to.