- V2 Launch and TVL Growth
- Increase in Active Users
- SEI's Growth Forecast for 2025
The SEI Network has shown impressive results following the launch of its V2 protocol, reaching $200 million in TVL and increasing active users by 244% monthly.
V2 Launch and TVL Growth
The SEI Network's Total Value Locked (TVL) exceeded $200 million, cementing its place as a major Layer 1 blockchain in DeFi. This milestone was reached after the successful launch of its V2 protocol, which helped in this meteoric rise from just $5 million in January 2024. In the four months since the V2 rollout, the SEI Network has shown impressive momentum, with a 57.44% monthly increase in value locked.
Increase in Active Users
Investors are drawn to SEI Network’s innovative DeFi offerings and growing user base. The platform has seen a 244% increase in monthly active participation and now has 65,000 daily active users. Regarding its tokenomics, the network’s circulating supply of 1.8 billion tokens and a total supply of 10 billion suggest significant room for growth. The planned release of 55% of new tokens over the next 12 months should drive further development.
SEI's Growth Forecast for 2025
Market analysts see similarities between SEI’s trajectory and the growth paths of corresponding blockchain platforms like SOL and FTM, suggesting a potential 8-10x growth for SEI by the 2025 bull run.
SEI Network demonstrates substantial progress following the V2 launch, attracting investors and increasing active users. The network is expected to continue its growth and achieve significant milestones in the coming years.
