$SEI is a newcomer in the public blockchain track, focusing on high-performance Layer 1, designed around 'transaction performance', especially suitable for order book applications, like DEX, perpetual contracts, and the like.
I have been paying attention to it, as well as the related currencies of the understanding king.
The Sei Foundation has established a development fund in Manhattan, USA, following a compliant regulatory route.
This fund mainly provides builders with resources such as funding, channels, and marketing to support project development, which is similar to other public blockchain funds.
However, it also collaborates with U.S. policymakers to create an innovative environment, which is quite novel. This can also be seen from WLFI's multiple purchases of SEI; WLFI is operated by Trump’s son.
This is actually a reflection of the fierce competition in the public blockchain space, whether it be funding or policy resources, all aimed at supporting projects to develop on Sei, or attracting projects with unique advantages.
Additionally, SEI rose today because it was selected by the Wyoming Stablecoin Committee as a candidate blockchain for WYST. State governments in the U.S. are now issuing stablecoins, making SEI the 'presidential coin'.
The current position is not suitable for short selling; my personal suggestion is to wait for a pullback. It is better to miss an opportunity than to make a mistake.
Specifics will be notified in the inner announcement.
