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SEI is an upcoming layer-1 network in Binance launchpool.
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Files by Aevo shows that investors are pricing in a market cap of $500 million.
SEI token can be in the spotlight subsequent week as Binance is scheduled to list it on its platform. Files printed by Aevo, a brand unusual crypto futures platform shows that the token will seemingly delivery at 26 cents. If this occurs, it near that the token’s market cap can be over $500 million, making it one of the distinguished crucial a hit launches this yr.
SEI is the 36th mission coming from Binance launchpool. The different blockchains to reach from the ecosystem are Sui and Bella Protocol. In step with its websites, Sei is a layer 1 network that particularly focuses n trading. This can allow builders to invent projects which can be on the intersection of centralized and decentralized exchanges.
Sei uses the Twin-Turbo consensus and just a few levels of parallelization to diminish latency and boost throughput. Its websites identifies several projects in its ecosystem, including Alpha Endeavor DAO, Apollo DAO, and Astroport.
The difficulty for SEI and other unusual layer-1 and layer-2 networks – including Coinbase’s Tainted, is that the industry is extremely saturated, with most train going down in Ethereum. To illustrate, PayPal chosen Ethereum as its blockchain for the unusual PYUSD stablecoin.
Many builders are also difficult to layer-2 networks salvage Arbitrum, Optimism, and Polygon. Most severely, loads of the currently launched layer 1 networks salvage Aptos and Sui have now not obtained traction among builders.
Subsequently, there is a likelihood that SEI token trace will seemingly rise rapidly after itemizing after which retreat rapidly after that.
