Sei SEI

Sei is a Layer 1 blockchain designed to optimize decentralized exchanges (DEX) and applications that require high speed and scalability. With its unique Twin-Turbo consensus mechanism, Sei ensures fast transaction confirmation, making it appealing to developers looking to build high-performance and reliable trading platforms. In addition, Sei offers protection against payment delays and enables parallel processing of transactions.

The network has a native token, the SEI, which performs several key functions. It is used to pay transaction fees; it also enables holders to participate in protocol management processes, and it serves as collateral for decentralized applications on the Sei platform. Users can also earn money per token with staking: simply block tokens to ensure stable network operation and make a profit.

Since the launch of the core network and listing on major exchanges, SEI has shown significant market activity. For example, in the first 24 hours after listing, trading volume exceeded $1.3 billion, and the fully diluted valuation reached $2.7 billion. However, despite the initial surge of interest, the token price has experienced significant fluctuations, reflecting the volatility of the cryptocurrency market and the need for careful monitoring for potential investors. SEI currently has a price of $0.1253, with a market capitalization being $813.61M, and its trading volume reaching $18.87M in the last 24 hours.