Buy SEI/USDT at $0.3482 for the target of $1.2
stoploss below $0.24
Sei is a **high-performance Layer 1 blockchain** optimized for decentralized trading apps (DEXs). Built using **Cosmos SDK**, it achieves **20,000+ TPS** with sub-second finality, making it ideal for DeFi. Key features include **native order matching**, **front-running prevention**, and **low fees** (~$0.001 per trade). SEI tokens power gas fees, staking, and governance. With a **500M max supply**, SEI surged in 2024, hitting **$1.20** (ATH) due to adoption by Perp DEXs like Vortex. Its **parallelized EVM** (Sei V2) boosts Ethereum compatibility. Backed by Jump Crypto and Multicoin, Sei competes with Solana and Injective but focuses exclusively on trading efficiency.
