Original author: Ignas

Original compilation: Luffy, Foresight News

Sei tokens have risen sharply in recent days, hitting record highs continuously. What is the reason? What opportunities do we have to participate?

First of all, there are many opportunities in the Sei ecosystem. You can do the following:

• Stake tokens in SEI’s Staking Hub;

• Trade NFTs on Pallet Exchange, such as The Colony, which are popular among the Sei community and team;

• Staking SEI on Kryptonite (liquidity staking protocol on Sei) to obtain stSEI, or staking SEILOR/SEI LP tokens, you can get an annual interest rate of 2000%;

• Trade on Levana Protocol, a fully collateralized perpetual protocol on Cosmos;

• Explore Astroport (Cosmos Ecological Liquidity Staking Platform), or memecoin SEIYAN. Please be sure to do your own research and control risks!

• Experience the upcoming DEX Yaka Finance (the test network is currently online and the incentive plan is open).

There are also some other upcoming DApps worth paying attention to: Silo (Sei liquidity staking protocol, derivative token is iSEI), Solar (Sei ecological lending protocol), Gamblino (Sei ecological betting platform).

Next, why is Sei’s market performance so strong? I think there are three main reasons:

Technological innovation: Sei, together with Fantom, has become an alternative to Solana in the modular blockchain space, and will soon launch features such as optimistic parallelization, SeiDB and EVM support.

Potential for Token Issuance: The Sei ecosystem is new, but it is constantly evolving, and newly launched DApps can issue tokens. SEI price increases may increase DApp token valuations.

Compelling narrative: Sei emphasizes parallelized narratives, and the next Solana is beginning to emerge. But I focus on the monolithic blockchain narrative.