Sei Network has reported significant growth in Q1 2024. Key updates include the launch of liquid staking protocols Silo Stake and Kryptonite, resulting in 8.4 million SEI being liquid-staked. The network's Total Value Locked (TVL) increased by 714% to $46 million, while NFT sales surged by 2,936%, with mrktexchange leading this growth. Additionally, the price of SEI rose by 37%. NFT metrics increased by over 2,000%.
Check out @Solofunk30's latest deep dive on the State of @SeiNetwork 🧵👇 https://t.co/Bla0yqaf1p
State of Sei (Q1 2024) 🔴 DeFi TVL ⬆️ 714% NFT metrics ⬆️ over 2,000% SEI price ⬆️ 37% How else did @SeiNetwork perform? Check the metrics 🧵 https://t.co/oCXLjltZ05
State of @SeiNetwork Q1 '24 Key Update: Liquid staking protocols @Silo_Stake and @Kryptonite_fi launched, leading to 8.4 million SEI being liquid-staked. QoQ Metrics 📊 - TVL ⬆️ 714% to $46 million - NFT sales ⬆️ 2,936% - @mrktexchange led NFT growth 🔗 https://t.co/jcJBTqa61J https://t.co/e0MdVKw2Bg