The correct chronological order of the events, from earliest to latest, is:
Single-celled organisms increase atmospheric methane concentrations. Photosynthesizing bacteria release oxygen into the sea. Oxygen concentrations increase in the atmosphere. Many new animal species evolve.
So the correct option is the second one:
Single-celled organisms increase atmospheric methane concentrations. Photosynthesizing bacteria release oxygen into the sea. Oxygen concentrations increase in the atmosphere. Many new animal species evolve.