Ethereum

Flow

April

Cosmos

<p class="is-style-lead">Sei Network’s token SEI gained over 2600% in price on the first day of its listing on Bitfinex, Binance, and Coinbase. </p> 
<p>Major exchanges, including Binance, Bybit, and Bitget, collectively listed SEI this week.</p> 
<p>On Aug. 14,&nbsp;<a href="https://twitter.com/bitfinex/status/1691103771068153857" target="_blank" rel="noopener noreferrer nofollow">Bitfinex</a>&nbsp;announced they would list the native token of the Sei Network, an open-source layer-1 blockchain.</p> 
<p>On&nbsp;August 15, <a href="https://twitter.com/binance/status/1691429632518787072" target="_blank" rel="noopener noreferrer nofollow">Binance</a> also opened trading. <a href="https://twitter.com/CoinbaseAssets/status/1691432501791555584" target="_blank" rel="noopener noreferrer nofollow">Coinbase Assets</a>&nbsp;also shared the platform’s added SEI support. </p> 
<h2 class="wp-block-heading" id="decentralized-nasdaq">‘Decentralized NASDAQ’</h2> 
<p>Sei was released as a sector-specific layer-1 blockchain built on the Cosmos framework, tailored for trading optimization. Initially founded by Jeffrey Feng and Jayendra Jong, the team behind the project includes professionals with backgrounds working at Goldman Sachs and Airbnb.&nbsp;</p> 
<p>The project has since promised rapid transaction finality of 600ms and a capacity of 22,000 orders per second. It positions itself as a “Decentralized NASDAQ.” Its goal is to deliver a hybrid trading experience that merges centralized finance (cefi) features with decentralized finance (defi) tools.</p> 
<p>Since its inception, the project has garnered significant attention in the crypto community. It raised $30 million for development over two strategic fundraising rounds, with investors including Jump, Distributed Global, Multicoin, Asymmetric, and Bixin Ventures. </p> 
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   <p lang="en" dir="ltr">ICYMI: Sei Labs Raises $30M to Build the Fastest Layer 1 🚢<br><br>Sei Labs has raised $30 million in two strategic funding rounds from top investors, including Jump, Distributed Global, Multicoin, Asymmetric, Flow Traders, Hypersphere, and Bixin Ventures. <a href="https://t.co/SuHFEbGVOM" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/SuHFEbGVOM</a></p>— Sei 🚢 (@SeiNetwork) <a href="https://twitter.com/SeiNetwork/status/1645955246173351936?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">April 12, 2023</a> 
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<p>Although Bloomberg reported that&nbsp;DeFi was facing a major downturn&nbsp;in January, projects like Sei, which focuses on social platforms, gaming, and carbon credits, still show interest in the industry.</p> 
<p> Read more: <a href="https://crypto.news/ethereum-price-analysis-evaluating-the-shanghai-influence-on-market-moves/" rel="noopener noreferrer nofollow"> Ethereum price analysis: evaluating Shanghai influence on markets </a> </p>

SEI token surges over 2600% amid exchanges listings

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