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<a href="https://bitcoinworld.co.in/sei-surged-more-than-60-over-the-past-two-days/" title="SEI Surged More Than 60% Over The Past Two Days" rel="noopener noreferrer nofollow"></a>
Sei, a Layer 1 blockchain optimized for high-speed trading applications, has surged more than 60% over the past two days to an all-time high of $0.365, giving the project a market capitalization of $850M, <a href="https://coinstats.app/coins/sei-network/" rel="noopener noreferrer nofollow">according</a> to Coinstats.
<figure id="attachment_58339" aria-describedby="caption-attachment-58339" style="width: 100%" class="wp-caption aligncenter"><img fetchpriority="high" decoding="async" class=" wp-image-58339" src="https://bitcoinworld.co.in/wp-content/uploads/SEI-Price-Chart-483x300.png" alt="" width="604" height="375" srcset="https://bitcoinworld.co.in/wp-content/uploads/SEI-Price-Chart-483x300.png 483w, https://bitcoinworld.co.in/wp-content/uploads/SEI-Price-Chart.png 760w" sizes="(max-width: 604px) 100vw, 604px">
 <figcaption id="caption-attachment-58339" class="wp-caption-text">
 SEI Price Chart | Source: Coinstats
 </figcaption>
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<h3 id="span-style-font-weight-400-sei-price-span">SEI Price</h3>
While the total value locked (TVL) on Sei is just $5M, the resurgence of Solana this year has prompted crypto investors to take a renewed interest in a new generation of blockchains that leverage parallel execution to offer high transaction speeds and fast finalization times.
Indeed, some of the best-performing Layer 1 tokens over the past month are SOL, SEI and SUI, all of which allow multiple transactions to be processed simultaneously. This approach contrasts with blockchains like Bitcoin and Ethereum, which process transactions sequentially.
See Also: <a class="row-title" href="https://bitcoinworld.co.in/thorchain-rune-down-more-than-5-within-24-hours/" aria-label="“THORChain (RUNE) Down More Than 5% Within 24 Hours” (Edit)" rel="noopener noreferrer nofollow">THORChain (RUNE) Down More Than 5% Within 24 Hours</a>
Sei launched its mainnet beta in August to much fanfare, only to see interest fizzle out after early adopters decried their miniscule airdrops, with many users only receiving enough SEI to compensate for transaction costs in using the network.
However, the project has regained momentum since unveiling its V2 iteration in November, which will bring Ethereum compatibility to Sei.
“This allows Sei to get the best of Solana and Ethereum – a hyper optimized execution layer that benefits from the tooling and mindshare around the EVM,” the project said at the time.
<blockquote>
 Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
</blockquote>
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SEI Surged More Than 60% Over The Past Two Days

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