Hermes consensus has achieved a median block time of 68ms under lab conditions.
Hermes is a frontier consensus protocol developed by Sei Labs, for Sei Giga.
$SEI has been absolutely destroyed.
And somehow that makes this setup more interesting, not less.
Price is sitting around $0.06, basically back inside the same discount zone
where the entire move started.
Meanwhile the upside levels are still sitting there:
$0.38 → $0.73 → $1.14
If $SEI ever gets a real expansion out of this base
those are the levels I’m watching first.
The full move drawn on the chart is roughly +4,256%.
Right now that sounds delusional.
That’s usually how these charts look before anyone cares.
Last week Sei Labs engineers completed the first full test of the new Sei Giga architecture.
The successful test showcased unprecedented throughput and finality for an EVM chain.
Next steps are continuing tests and getting it production ready.
1M daily active wallets. ATH in daily transactions. Integrations with the world's most popular wallet and institutional-grade RWAs.
The fastest L1 is becoming a frictionless layer for finance, and the metrics tell the story.
Here's what you need to know 👇
🔴 Sei crossed 1M daily active wallets and hit an ATH in daily transactions: https://t.co/vDcOHDy2TG
🔴 @MetaMask went live with Sei as a default network: https://t.co/GJ6KoCmXal
🔴 Sei was again the #1 EVM chain by weekly active wallets, ahead of Base and opBNB: https://t.co/RKbiLXG22Q
🔴 @elixir launched native mints and redemptions for fastUSD, collateralized by assets from BlackRock, Hamilton Lane, and Apollo: https://t.co/ztt2Kekxde
🔴 @StargateFinance passed $500m in transfer volume IN to Sei: https://t.co/BYLNcXuueH
🔴 @YeiFinance V2 went live with a fully updated interface: https://t.co/dGrg8FIV0D
🔴 @SailorFi launched a one-click USDC migration tool: https://t.co/Zxp5a2UHJp
🔴 @FolksFinance enabled staked Sei looping: https://t.co/0BFkF77mTz
🔴 @citrex_markets reached an ATH of nearly $60m in daily perps volume: https://t.co/TQYVxkviXU
🔴 @rathfinance released a one-click USDC migration tool: https://t.co/lEJ249mBjq
CoinShares has launched a Staked Sei ETP in Europe.
As the EU’s first MiCA-compliant asset manager, @CoinSharesCo is bringing regulated exposure to Sei, making it more accessible to institutions and traditional participants across Europe.
Markets Move Faster on Sei. ($/acc)
BIG NEWS: @USDC and CCTP V2 is now live on @SeiNetwork
Compass is ready with native support for USDC
Experience seamless, lightning-fast transfers with the world’s leading regulated stablecoin on the fastest L1
USDC Moves Faster on Sei. ($/acc)
Native @USDC and CCTP V2 by @circle are live on @SeiNetwork!
The fastest L1 now offers native access to the world's largest regulated stablecoin.
USDC Moves Faster on Sei. ($/acc)
Sei and @Chainlink CCIP support seamless cross-chain asset flows through a secure oracle network that's enabled $18T+ in onchain transaction value.
The fastest L1 is connected to the institutional standard for onchain finance.
Markets Move Faster on Sei. ($/acc)
Between Crypto Week on Capitol Hill, tokenized US Treasuries coming to Sei, and sustained momentum across DeFi and gaming, this week had it all.
Here’s what you need to know👇
🔴 @OndoFinance is bringing USDY, a market-leading tokenized treasury product, to Sei: https://t.co/So1TiBD9oV
🔴 The GENIUS Act was signed into law, providing long-sought regulatory clarity for stablecoins: https://t.co/dZ8e536tqr
🔴 @splashing_xyz went live, a new LST protocol on Sei: https://t.co/qS5AwNzQOm
🔴 @TakaraLend has grown to over $100M in TVL: https://t.co/KaFUikhkkA
🔴 Sei is the number one gaming chain, with 10M users across the 30-day timeframe, per @DappRadar: https://t.co/d9B2BcgaoE
🔴 @OSP_TD, a first-person shooter + tower defense game, opened its alpha access: https://t.co/iPGhGGRL1g
🔴 @grandgangstaci’s mobile game, West Land Arena, went live on the Google Play Store: https://t.co/Co7lxYyXpm
Consider this simple scenario to understand the power of parallelization:
It's a hot day, you want a Pepsi but you need to queue with these Fanta guys 🙁
Normally, you'd have to wait in the same long line to quench your thirst. But, if there were multiple machines serving one drink each, the process is parallelized! ✅
Currently, all EVM chains in production operate like the first queue scenario.
The ContributionDAO Research team is proud to present "Sei Network 2023 Recap"
Sei Network will release the V2 upgrade to become the first parallelized EVM blockchain.
Sei Network will support EVM Dapp and wallets including Tools + infrastructures
This recap offers a comprehensive overview of Sei Network's progress throughout 2023, marking key milestones and the project's evolution over the year.
Key highlights:
- Community growth
- Product development growth
- Sei Network performance growth
- Sei ecosystem highlights
- Other
Thanks for your contributed to the Sei ecosystem
Stay Tuned A SURPRISE ✨is coming 👀
"Sei's journey has been marked by a series of strategic advancements, positioning it as a unique player in the world of Layer 1 (L1) blockchains.
With Sei v2, it has taken a monumental step forward, reflecting a deep understanding of the current needs and future directions of blockchain technology."
You can read more about the Sei v2 proposal in Reflexivity's research report here:
New to @SeiNetwork?
Here's a simple guide with everything you need to get started within the Seiyan community 👇❤️
Before you can interact with the ecosystem you need a Sei compatible wallet 🔴💨
Stay Seifu and make sure to always safely secure your seed phrase.
🔴 Sei Wallets:
- Compass Wallet @compass_wallet
- Leap Wallet @leap_cosmos
- Fin Wallet @fin_wallet
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🔴 Bridging
- https://t.co/sEZoz3bkDF
- https://t.co/SfZEWIUHZv
- https://t.co/5qP5vH2WoE
- https://t.co/RI9Eijb3Gg
- https://t.co/Yn3xNl1VXI
- https://t.co/NY9iXWPpcr
You can also acquire $SEI by exchanging it on various centralized exchanges (CEX), including platforms like Coinbase and Binance, and then transfer it to your SEI wallet. (Memo is only required when transferring from CEX to CEX)
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🔴 Coins/NFTs/Community
🔥 Track Tokens: https://t.co/svgG4CxQnO or https://t.co/ShKlp4zPa0
🎨 Browse NFTs: https://t.co/iFI2YqpDsQ or https://t.co/7NUcAD4ezj
💻 Browse .SEI Domains Here: https://t.co/ckwP1bI8S9
🏦 Commonly Used DEX: @astroport_fi
🗺️ Explorer: https://t.co/dGbKeOLuZJ
❤️ Ecosystem List: https://t.co/qwbbIsm0SD
🫂 Official Discord: https://t.co/lNSPbNrNpN
🫡 Ambassador Program: https://t.co/Mqc04TWrkd
2024 is the Year of $SEI 🐉❤️