Sei Token Price Prediction 2023-2030
Latest SEI Token Price
Metric | Last 24 Hours | Trend |
---|---|---|
Net Social Media Sentiment | 25.6% | Higher |
SEI Latest News and Statistics
- SEI Defi
- Defi Rank: SEI: 90th, ETH: 1st
- TVL: SEI: $3.2M, ETH: $20.5B
- Last 7 days change: SEI: -0.2%, ETH: -2.1%
- Last 1 month change: SEI: -0.1%, ETH: -4.7%
- SEI Mainnet key on chain metrics:
- Transactions: 426,989,239
- Active Accounts: 481,000
- Block height: 28,116,201
- Current TPS: 52.57
- SEI is now accessible via Alchemy Pay Fiat On-Ramp. This integration enables users from 173 countries to easily enter the Sei Network ecosystem and buy digital assets using traditional fiat currencies. Through Alchemy Pay, Sei apps can directly interact with global fiat currencies, including Visa, Mastercard, Apple Pay, Google Pay, and others.
SEI Token, Buy or Sell Poll
- August 15th: +50.0%
- August 31st: +47.4%
- September 13th: +45.9%
- September 22nd:+45.7%
- September 26th: +46.0%
SEI Price Prediction: Is SEI Crypto a Good Investment?
Sei is a Layer 1 blockchain developed with a singular focus: facilitating the exchange/trading of digital assets. Trading extends beyond just tokens; it encompasses NFTs, in-game assets, and even social attributes. Many prominent Web3 entities, such as Uniswap and Axie Infinity, essentially operate as exchanges, emphasizing the importance of asset exchange in blockchains.
A significant challenge, known as the “Exchange Trilemma”, implies that platforms can’t achieve decentralization, scalability, and capital efficiency all at once. Sei aims to address this by offering a solution that scales exchange applications without sacrificing decentralization.
Sei’s architecture is geared towards trading, making it an optimal choice for any application centered around exchanges. It offers fast transaction finality, groundbreaking features like Twin-Turbo consensus, and built-in matching engines. These features provide exchanges with significant advantages, improving scalability and user experience.
While Sei could have been constructed as a Layer 2 on Ethereum, its decision to operate as a standalone Layer 1 was influenced by the limitations associated with Layer 2 solutions. By focusing on trading, Sei positions itself as a go-to platform for developers and users, attracting interest from other major ecosystems such as Ethereum and Solana.
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Decentralization in Sei’s Vision
Open-source blockchains, exemplified by Bitcoin and Ethereum, operate on distributed systems, negating centralized control and enhancing security. Within Sei, validator nodes play an integral role, safeguarding the blockchain using the Twin Turbo Consensus mechanism. These validators validate transactions, ensure block accuracy, and can earn rewards.
Physical decentralization is also a Sei priority. Despite the potential speed benefits of consolidated nodes, Sei’s Atlantic-2 testnet showed impressive block finality times without centralization. Thus, Sei’s mainnet operates as a globally decentralized network. The decentralized design, spread across diverse regions, bolsters resilience against disruptions and prevents undue influence from any single entity. However, it also demands robust infrastructure and efficient consensus, areas addressed by Sei’s twin-turbo consensus.
Sei Ecosystem
The Sei ecosystem is a diverse collection of applications, projects, and ventures focused on enhancing the capabilities of the Sei blockchain. Those interested in contributing to the ecosystem can tap into the $120M Sei Ecosystem Fund. The ecosystem encompasses a wide range of sectors:
- Categories: Blockchains, Data, DeFi, Gaming, Infrastructure, Institutions, Interoperability, Metaverse, NFTs, Services, Social, Stablecoins, Validators, and Wallets.
- Featured Projects:
- 4EVERLAND: A dynamic platform within the Sei space.
- Agoric: Pioneering solutions within the ecosystem.
- Airfoil, Alpha Venture DAO, AMB, Andromeda, Apollo DAO, AsetPay, Astroport, Axelar Network, Babylon, Band Protocol: Each of these ventures adds unique value to the ecosystem, catering to different aspects of the Sei blockchain.
- Sei Liquidity Alliance: This alliance brings together builders and market makers in the DeFi sector, further consolidating Sei’s position in the decentralized finance realm. Key members include Factomind, JST, CrypPro, Zerocap, FlowDesk, Flow Traders, GSR, Kairon Labs, Skynet Trading, and SpotSpreads.
Ecosystem Update
Here are recent launches on the SEI Mainnet
- Levana Protocol:
- Introduced perpetual trading.
- Enables users to long or short assets like SEI and ETH with leverage.
- Users can bridge ETH from Ethereum to Sei.
- Astroport:
- Launched as the platform for on-chain SEI trading.
- Provides token bridging and swapping features.
- Fuzio:
- Debuted on Sei’s Pacific-1.
- Focused on providing a seamless experience between Web2 & Web3.
- Offers a superior user experience with Sei’s transaction speed.
- Pulsar Finance:
- Released a Portfolio Manager for Sei.
- Allows tracking of Sei holdings, including tokens and DeFi positions.
- WeBump:
- Launched NFT infrastructure and tooling on Sei.
- Provides a platform for anyone to mint an NFT project.
- Pallet Exchange:
- Announced their first NFT mint.
- Serves as the official secondary marketplace for SeilorsNFT.
- Seilors:
- Introduced a utility tool named Snapshot.
- This tool aids projects in retrieving the list of their collection holders.
- Double Jump:
- Introduced an innovative campaign called Chain Wars.
- Encourages users to invite friends and play the game.
- Flipside:
- Integrated with Sei to allow users to track trends, share insights, and verify data.
Sei’s Token
At the heart of Sei lies the decentralized “Proof of Stake” mechanism, orchestrated by the SEI token. This token encapsulates multiple roles:
- Network Fees: Facilitates transaction payments.
- DPoS Validator Staking: Enables SEI holders to delegate or personally stake SEI for network security.
- Governance: Offers SEI holders a voice in protocol governance.
- Native Collateral: Serves as liquidity or collateral for Sei-based applications.
- Fee Markets: Allows prioritization of transactions through tipping.
- Trading Fees: Acts as transaction fees for Sei-based exchanges.
With a maximum supply of 10 billion tokens, SEI’s majority is earmarked for community and Sei-based projects.
Community Tokens: 51% of SEI tokens are reserved for the community. The breakdown includes:
- Ecosystem Reserve (48%): This major chunk covers staking rewards, crucial for Sei’s proof of stake mechanism, and ecosystem initiatives, granting tokens to contributors and builders. Specific tokens are set aside for milestone-based projects on Sei.
- Sei Airdrops and Incentives: Aimed at rewarding the active crypto community, 3% of SEI tokens are channeled for incentivized rewards and airdrops, with the first tranche termed as “Season 1”.
- Foundation Treasury (9%): This segment supports the continuous operations of the Sei Foundation.
- Launchpool (3%).
Analysis of SEI by José Maria Macedo [ Delphi Ventures is an investor in Sei.]
- Sei is a scalable Layer 1 (L1) platform competing with Solana, Sui, and Aptos, but it’s solely optimized for trading.
- Achieves 250ms finality and 22,000 TPS on testnet.
- Has an order book matching engine, native validator-secured Oracle price feeds, and front-run prevention measures.
- Launching on popular exchanges like Binance.
- Innovated a “vampire attack” style airdrop targeting users from major chains.
- Strong Ecosystem Partnerships:
- Collaborations with entities like @astroport_fi, @MizuMarket, and more.
- Dedicated wallet interfaces (@compass_wallet/ @fin_wallet) and bridge support from @wormholecrypto.
- Cautionary Notes:
- The platform’s impressive performance might come at the expense of full decentralization.
- Given the current momentum with Layer 2 (L2) solutions, building an L1 community is challenging.
Performance so Far
- Last 7 Days: -6.1%
- Since Launch: +1371.4%
SEI is an interesting proposition but the segment is quite competitive. At this moment, it is at best a moderate case for Investment.
SEI Price Forecasts
SEI Price Prediction
- IBCIG: $1
- Axel Bitblaze: $0.24 to $0.89
- Infospace OG: $0.12 to $0.16
- Average Crowd Forecast for SEI: $0.75
SEI Price Prediction Today
- SEI Price Prediction in the next 24 hours is between $0.118 and $0.125
- SEI Price Prediction this week is between $0.123 and $0.126
Overall Outlook | Bullish |
1. Market's Wisdom | Partially Bullish |
1a. Market Data | Neutral |
1b. Technical Recommendation | Buy |
2. Crowd's Wisdom | Bullish |
2a. Social Media Buzz | Higher |
2b. Social Media Sentiment | Higher |
SEI Token Price Prediction 2023-2030
- SEI Price Prediction 2023 is $0.262
- SEI Price Prediction 2024 is $0.379
- SEI Price Prediction 2025 is $0.553
- SEI Price Prediction 2026 is $0.770
- SEI Price Prediction 2027 is $0.914
- SEI Price Prediction 2028 is $1.37
- SEI Price Prediction 2029 is $1.97
- SEI Price Prediction 2030 is $2.77
SEI Crypto Price Prediction: Where to buy SEI Tokens?
SEI Token can be bought from various exchanges such as Binance, Bithumb, Coinbase, KuCoin, Kraken, Bitfinex, Huobi, Bybit, Gate.io, Bitget, Coinone, Binance TR, Bitvavo, Phemex, MEXC, Tokyocrypto, CounEx, Upbit, Lbank, NovaDAX, CoinDCX, Foxbit, Bitrue, Hotcoin Global, BingX, Nominex, BitMart, DigiFinex, XT.COM, BitForex, Bibox, CoinCatch, Korbit and SuperEx.
CoinGecko has partnered with Sei Network for a raffle, offering a total of 100,000 $SEI tokens. Five winners will receive 5,000 $SEI each, with the remaining tokens distributed among verified participants. To join, entrants must redeem a raffle ticket using 300 candies from CoinGecko’s Candy Rewards Store, subsequently providing their details and SEI wallet address via a provided Google Form. Participants are cautioned to keep their reward codes confidential.
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.
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