Sei Network has had numerous developments recently, starting with a partnership with the
Secret Network for
confidential computing. The network has integrated with the
OpenSea Marketplace for smoother NFT adoption and launched a
$250k Creator Fund with
Gitcoin to enhance the SEI ecosystem. Investors appear to be appreciating this progress, leading to a price surge of
13% following the beta v2 mainnet launch. However, critics have raised concerns about it being a
Meme Coin, detracting from its credibility. Notwithstanding, the network is making strides in blockchain technology with its advanced version,
Sei V2, and its integration of
Pyth and Entropy for improved DeFi performance.
The Sei V2 debut, praised for its
parallelized EVM blockchain, could trigger a price breakout and present a real game changer for 2024. Despite these achievements, Sei's prices fell, and TEI competitors MoonBag and Mantle have gained traction. However, SEI's integration of
Jellyverse DeFi 3.0 tools and the increasing
TVL signal growth potential. Fostering a flourishing ecosystem, the SEI network continues to expand, with add-ons such as the
Revolut partnership and the proposal for a V2 upgrade. Even with spirits high, predictions vary, with some forecasting a 40% price drop and others a rise to $1.
SEI Coin News Analytics from Wed, 15 Nov 2023 08:00:00 GMT to Wed, 14 Aug 2024 10:36:21 GMT -
Rating 8
- Innovation 4
- Information 8
- Rumor 4
