I like entry #1 the best of the three due to the font. I would like to see more of a realistic and artistic looking wave incorporated and a little more variety in the colors. Look at the two wave pictures I posted as ideas I like for the wave and look at the color spectrum picture I posted as an idea for the type of color spectrum I am looking for. Also maybe and aqua or coral color for the name.
I like your original white wave within the color, but I like the new colors. Can you make the white wave more realistic and artsy like your last wave but keep it a single breaking wave.