### SEI/USDT Overview
Description: SEI is the native token of Sei Network, a high-performance Layer 1 blockchain optimized for decentralized trading (DEXs, NFTs, and gaming). It leverages the Cosmos SDK for scalability, offering features like front-running prevention, low-latency transactions (~380ms finality), and an order-matching engine akin to centralized exchanges .
Current Market Stats (as of 2025-05-13) :
- Price: ~$0.257
- 24h Change: +4.45%
- Market Cap: $1.31B
- All-Time High: $1.14 (March 2024)
Key Features:
- Sector-Specific: Focused on trading efficiency, dubbed the "Decentralized NASDAQ" .
- Institutional Backing: Supported by Bitget’s $50M ecosystem fund .
- Interoperability: EVM-compatible with plans for further scalability upgrades .
Recent Trends:
- Bullish breakout above $0.30 resistance, targeting $0.50–$0.70 in the short term .
- Analysts highlight strong support at $0.24–$0.21, with potential for a 370% ROI by June 2025 if bullish momentum continues .
Note: Prices are volatile; monitor volume and Bitcoin trends for directional cues .
