While Layer 1 (L1) project Sei (SEI) attracted attention with its upward performance in recent days, all eyes turned to the reason behind the rise.
Leading investors in August last year Jump Crypto And Multicoin Capital SEI, which was launched with the support of , attracted attention with its upward performance in recent days.
The project stands out with its fast, cheap and community-oriented structure. EVM thanks to its harmony With the Ethereum (ETH) ecosystem It also provided a serious interaction. SEI also Binance’s 36th Launchpool project was at the center of attention of investors.
SEI in the first 24 hours of launch $400 million had reached a capital. However, since on-chain trading movements remained stagnant, it could not increase much in value in the months following the launch. on the other hand Solana (LEFT) And Avalanche (AVAX) The SEI ecosystem, which has managed to accompany the strong performance of projects such as in recent months, has almost gained 4 times the value.
Particularly those operating in the SEI network SEIYAN And COOK like meme coins Its rise in recent weeks was among the factors that supported the rising wave by bringing movement to the ecosystem.
Basically decentralized exchange (DEX) The project offers a scalable approach to operations, zero carbon emissions It also managed to stand out with its blockchain features such as. This superior performance on the ecosystem side and the positive winds of the cryptocurrency market brought buying pressure, pushing the price even higher.
According to CoinGecko data, in the last 24 hours 20% SEI, which is on the rise, at the time of writing from $0.75 is being traded.