$SEI
Today, Sei (SEI) is trading at approximately $0.41, showing a slight rise in the last 24 hours with significant daily trading volume, reflecting active interest in the token. SEI is positioned as a unique Layer 1 blockchain aimed at supporting high-frequency trading on decentralized exchanges (DEXes), addressing common challenges with speed, scalability, and reliability. Its design makes it well-suited for handling the intensive demands of DEX platforms, offering faster transaction processing that could attract more DeFi projects.
In terms of long-term potential, Sei has garnered attention from institutional investors like Coinbase Ventures and Multicoin Capital, which supports its credibility. Analysts project SEI's price could range from $0.53 to $2.50 .
For those considering SEI as a long-term investment, its focus on a specific niche within blockchain—high-frequency trading on DEXes—could give it a competitive edge, especially as the DeFi ecosystem continues to expand.