Messari released Sei's Q1 2024 status report, the main points are as follows:

-TVL (USD) increased by 714% month-on-month to $46 million, significantly exceeding the price increase. Sei's ecological head DEX Astroport TVL increased by 468% month-on-month;

-SEI's price increased by 37% month-on-month, although revenue (USD) decreased by 32% month-on-month. Revenue in the fourth quarter of 2023 was particularly high due to inscription activities;

-NFT sales, independent buyers, and independent sellers increased by 2936%, 2429%, and 2419% month-on-month, respectively. Among them, MRKT led the growth of the NFT market;

-The launch of the liquidity pledge protocol SiloStake and Kryptonite enabled 8.4 million SEI to participate in liquidity pledge;

-Sei's open source Parallel Stack was announced in March, planning to enable developers to launch modular L2 blockchains as parallel EVM execution layers.