There is essentially no absolute leader in the competition among Monad, MegaETH, and Pharos. Developers are left with more trade-offs to consider in terms of performance, decentralization, or specialization priorities. Introduction Recently, the three major parallel EVM projects have launched their testnets almost simultaneously: Monad launched its testnet on February 19, MegaETH on March 21, and Pharos on March 24. The main narrative of Web3 technology seems to have returned to parallel EVM ...