SEI PRICE is preparing for apostasy while Defi TVL rises amid the encryption disorder

Main meals:

• SEI announces the total value record (TVL) in the DEFI ecosystem amid the difficult encryption market conditions.
• Strategic investments are not only supported in the long term of SEI network, but also lead to adoption.
• Future technologies such as the Gigasei update are designed to fill the gap between Web3 and Web2, which paves the way for group adoption.

While the wider prices throughout the encryption market have seen some relatively large fluctuations in recent weeks, the distinctive symbol of the 1 SEI (SEI) is rising strongly and seems ready for potential gathering thanks to the decentralized financing activity (Defi). Although the overall feelings about digital assets were negative during the continuous market correction, the ecological system of SEI is still limited only to adhering to paralysis, and it is more confident in investors and paves the way for a possible bounce of prices.

Support SEI: Defi Boom

TVL (the total closed value) on the SEI network increased to $ 340 million, according to the data followed by Defi Llama. This achievement is especially noticed, given that TVL decreased to $ 170 million in February. This important expansion emphasizes the elasticity of the SEI network and its ability to collect and preserve capital, which distinguishes it from many classes -1 networks and networks facing other capital amid a wide encoding.

TVL in the SEI network. source: Devilia

The tremendous height of the Defi activity on SEI is successfully driven and popular with the numerous protocols and the network that operates on the network. Yei Finance, a SEI higher lending protocol, has witnessed tremendous growth in its assets under management (AUM), as it rose to nearly 200 million dollars, and an increase of 90 % since last month. The other key players in the SEI ecosystem, such as Sailor Exchange (DeX), dragon exchanges, and Avalon laboratories, have witnessed significant flows in recent weeks, confirming this upward trend. All in all, the success of these platforms indicates a vibrant user base and sharing on SEI, as a catalyst for the request about the SEI icon.

The SEI’s long -term vision was validated with an institutional interest

Defi’s increasing activity is not the only positive development that supports SEI capabilities. Its horizons are also strengthened by increasing interest in the distinctive symbol of entities outside the direct encryption community. One of the main examples of the increasing awareness of the last awareness of the last SEI, which indicates increased confidence in the network. Such investments represent a resounding vote for confidence in the SEI network technology stack, its long -term vision and its ability to disrupt financing as we know it. These strategic investments reflect the increasing interest of the largest players in Sei’s capabilities and indicate their belief that the network is in a growth situation in the coming years.

The support of the strong society continues to build a momentum for SEI

The enthusiasm within the Sei community is very high, nourishes the upcoming technological developments and the strong network commitment to innovation. At the forefront of these developments, there is a very expected Gigasei update, a strategic initiative designed to improve network performance and significantly expansion. Perhaps more important, the Gigasei update aims to better integrate with the current Web3 ecosystem with the door open to a new generation of users and developers from the world of web2. Such a motivation to fill the gap between these two worlds puts SEI at the forefront of the future development of the Internet.

Gigasei update. source: Blog.sei.io

SEI actively leads to increase decentralized technology adoption by providing developers with the tools and infrastructure needed to build applications for both Web3 and Web2 users. This step is expected to push the adoption of new users and projects to the SEI ecosystem, which enhances the Blockchain position in the competitive scene. Many within society believe that SEI can reach $ 2 or more because these developments are realized, which is likely to be a new network sign.

More news: Berachain TVL rose to $ 3.2 billion, before the base and identification

SEI’s success will not depend on market morale or short -term trends. Instead, it was designed on a strong technological basis, adherence to decentralized financing, and bold aspirations for the future. The SEI ecological system is constantly evolving, and new projects and innovations are launched regularly on the platform, making a bright future and promising possibility for further growth and value assessment. The team is still working for the deadline and devoted to giving you a strong and durable society.