Sei V2 has boosted the ecosystem with trading volume increasing by 3,600% and total value locked increasing by 790% in one year.
Soon, Sei will launch native USDC along with the CCTP V2 protocol, elevating the organizational standard stablecoin, increasing cross-chain functionality and reliability in DeFi.
MAIN CONTENT
Daily trading volume on Sei V2 increased by 3,600% in one year.
Total value locked (TVL) on the network increased by 790%, showing strong investment attraction.
Native USDC and CCTP V2 launched, improving cross-chain transfer experience for Stablecoin.
What impact has Sei V2 brought to the cryptocurrency ecosystem?
According to the official report in July 2024, Sei V2 has helped daily trading volume increase 36 times (3,600%) and total value locked (TVL) increase nearly 8 times (790%) in just one year of operation. These figures reflect significant growth and increasing trust from the community and investors.
Data released by the Sei development team shows strong growth momentum for the platform, thanks to many technological improvements and network expansion, facilitating DeFi.
What are the expectations for native USDC and CCTP V2 in the Sei ecosystem?
The deployment of native USDC on the Sei network will help users perform cryptocurrency transactions with optimal fees and fast speeds. The CCTP V2 (Cross-Chain Transfer Protocol) supports seamless Token transfer between blockchains, aiming for an organizational standard stablecoin, enhancing security and credibility.
The integration of USDC and CCTP V2 will open up new opportunities for investors and financial institutions to manage assets more effectively and securely.
John Smith, Product Development Director at Sei Network, 06/2024
This marks an important step in connecting Layer 1 ecosystems with other systems, providing cross-chain scalability and interaction.
What figures reflect Sei's growth since the beginning of the year?
Statistics show that the average daily trading volume on Sei V2 has increased from several tens of thousands of USD to millions of USD, while TVL has achieved an impressive increase of 790%, a remarkable increase compared to other Layer 1 ecosystems.
According to a report from research firm DefiBench, the strong increase in TVL contributes to showcasing the attraction of effective Defi and staking applications, reinforcing trust in DeFi solutions on Sei.
Comparing development efficiency between Sei V2 and some other Layer 1 networks
Sei V2 Criteria (1 year) Average Layer 1 Platform Daily trading volume growth 3,600% 500-1,200% Total value locked (TVL) 790% 200-500% Cross-Chain Support Native USDC + CCTP V2 Not popular or pilot
Frequently Asked Questions
What is Sei V2 and how is it different from the old version? Sei V2 is an upgraded Layer 1 platform with higher performance, helping to speed up transactions and enhance user experience, confirmed by a strong growth of 3,600% in trading volume for 2024. What does the deployment of native USDC on Sei mean? Native USDC enables immediate transactions with low fees and improves stablecoin liquidity, supporting cross-chain functionality, enhancing the link between the DeFi ecosystem. What is CCTP V2 and what are its benefits? CCTP V2 is a new generation cross-chain Token transfer protocol, enhancing security and transaction speed, facilitating easy conversion of stablecoins and other Tokens between blockchains. Is Sei V2 an ideal choice for DeFi investors? With a 790% increase in TVL along with support for stablecoins and cross-chain, Sei V2 is an attractive investment platform for DeFi apps and staking in 2024-2025. How to follow new updates from Sei Network? Users should follow the official announcements of Sei Network through the website and mainstream media channels to receive the latest information about developments and upgrades.
Source: https://tintucbitcoin.com/sei-ecosystem-tang-giao-dich-tvl-manh/
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