While most altcoins are struggling in the current crypto market, one project has silently outperformed expectations. SEI Network has jumped over 38% in the past 30 days, even as other projects stay flat or lose ground. SEI might just be getting explained why it could become the next big thing, much like Solana did in the last cycle.
While most altcoins are struggling in the current crypto market, one project has silently outperformed expectations. SEI Network has jumped over 38% in the past 30 days, even as other projects stay flat or lose ground. SEI might just be getting explained why it could become the next big thing, much like Solana did in the last cycle.
Launched in August 2023, SEI Network is a fast, low-cost, and scalable blockchain built for trading, DeFi, gaming, and NFTs. It is designed to feel as smooth as using a centralized exchange, but with the benefits of decentralization.
After a rough start with its airdrop, SEI kept building and it’s paying off now. Its transaction finality is 400 milliseconds, placing it among the fastest chains in crypto.
Institutional Interest is Growing
On top of that, Circle, the company behind USDC stablecoin, reportedly holds a sizable amount of SEI. And Canary Capital recently filed for a SEI ETF, while Trump-linked World Liberty Financial invested $1 million into SEI, now sitting on an 80% gain.
Ecosystem Growth is Booming:
Wallet support is increasing too. Crypto wallets like Bitget now support SEI, and with the upcoming switch to full EVM compatibility, popular wallets like MetaMask and Phantom will follow soon.
Massive Tech Upgrade with ‘Giga’:
A new consensus mechanism called ‘Autobahn’ will power this upgrade, pushing to make SEI the most efficient EVM chain ever built.
