$SEI is up 27% in the last 24 hours! Such a HUGE move!
➥ Sei Network - One-Step Closer to Institutional Adoption Your timeline might be a cacophony fest, but @SeiNetwork keeps popping up for the past few weeks. You know something big is happening. Curious about what's brewing on Sei and why it's capturing institutional attention? Dive into our thesis and discover all in our 30s report 📖 ... — Sei - Up Only Metrics Let's start with the metrics. Since the launch of $SEI v2 last year, it has achieved significant milestones: ✧ 900% growth in DEX volume ✧ 1000% increase in TVL, rising from $64M to $641M ✧ 2800% growth in daily transactions ✧ Over 1.4 billion transactions recorded ✧ 100% growth in stablecoins over the past four months, from $125M to $284M ✧ Over 30 million new wallets created Just imagine these numbers once v3 is released, ushering in a new era with performance 50x greater than existing EVM chains. Now, there's even more exciting news: @circle's Cross-Chain Transfer Protocol v2 (CCTP v2) is live on the Sei Network, paving the way for institutional adoption. But what does this mean? ... — Circle x Sei To grasp the connections, note that beyond backing from @multicoincap, @jump_, @coinbase, @Delphi_Digital, and @PythNetwork, Sei also received direct support from Circle in its early days, as highlighted in their IPO filing report. This backing not only underscores the confidence in Sei’s potential to revolutionize global financial infrastructure with lightning-fast, cost-effective stablecoin transfers but also the plan to onboard institution that requires robust and secure blockchain infrastructure. The CCTP v2 integration means $USDC can now be used natively in Sei, unlocking possibilities like: ✧ Disrupting the $350T global financial market potential ✧ Enabling Circle to harness Sei’s institutional-grade infrastructure for rapid, low-cost, global stablecoin transactions ✧ Boosting and expanding DeFi composability on Sei This move signals a strong belief in Sei’s ability to drive the future of global financial infrastructure. --- cc: > @SpeeksX > @tezukaTez > @jayendra_jog
13.65K
90
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.