As an old veteran who has been struggling in the crypto space for several years

CN
Rocky
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7 hours ago

As an old veteran in the crypto space for several years, I have seen too many projects that start with a bang and quietly exit. However, in November this year, #Sei's operations have been quite remarkable in the L1 blockchain space 🧐

A couple of days ago, #OKX just launched a flash profit event for #Sei, attracting a lot of attention and focus. Recently, #Sei has been quietly addressing key pain points in the future of the crypto world.

At first, I didn't pay much attention to #Sei, as the L1 race has long been a fierce competition. #Solana is fast, #Aptos is new, and #Sui is also trying hard to show off its strengths… But #Sei is not just competing on who has the highest TPS; instead, it directly connects "TradFi + crypto native + global retail users" and has achieved impressive results.

First, let's talk about the institutional side. Many people may have heard of BlackRock's Bitcoin ETF, but have you seen them move #RWA—such as real estate, private debt, and credit—directly onto an L1 chain? #Sei has done it. In just two months, nearly $30 million of #RWA has been put on-chain, sourced entirely from Wall Street veterans like Apollo and Hamilton Lane. This is no longer just conceptual hype; it is a real vote of trust with actual money. The fact that institutions are willing to place assets here indicates that #Sei has passed their rigorous compliance, security, and audit checks.

Now, looking at the retail side, the actions have been frequent. Robinhood directly listed $SEI, meaning that 25 million ordinary American users can buy it with one click. Additionally, Binance, #OKX, and even Japan's OKCoin support SEI staking. It's worth noting that Japan is one of the most strictly regulated markets globally, which shows that #Sei's compliance framework can withstand scrutiny from different jurisdictions. This "borderless liquidity" allows participation from almost anywhere in the world, which is a true competitive advantage.

On the technical side, many are still debating whether TPS is useful. However, #Sei has provided impressive data—fast and stable, with 100M blocks and 4 billion transactions, and the system has never crashed; plus, the seictl tool allows developers to deploy nodes and configure parameters with command lines. I asked a few engineers working on projects there, and they said, "Finally, we don't have to be woken up at 3 AM by alarm calls for maintenance." Therefore, the stability of the ecosystem and whether developers are willing to build in it, and whether it is hassle-free, play a crucial role.

The ecosystem projects are also genuinely impactful. Monaco has invited the former CEO of Goldman Sachs as an advisor, which is not just a gimmick but a signal that traditional finance veterans are starting to take it seriously. Once Chainlink's CCIP cross-chain protocol was integrated, Sei connected assets and data with other mainstream chains. The gaming project MetaArena topped the Binance Alpha list, and Carina Finance created a gas-free and anti-front-running DEX… This indicates that the ecosystem not only has money but also real users.

What impresses me the most is that Sei Labs even dares to "dialogue" directly with regulators—not in opposition, but in cooperation. They have joined forces with the Solana Institute to call for a clear regulatory framework for crypto at the federal level in the U.S. This shows that they are not looking to "exploit loopholes" but rather to "establish rules." In the long run, only projects willing to dance with regulators can survive until the end.

Therefore, #Sei's strategy of "quietly making money" is actually a combination of tactics: connecting Wall Street assets at the top, retail users from Robinhood at the bottom, building an ecological moat with high performance and developer-friendly features in the middle, and striving for policy space with a compliant posture. No matter how turbulent the market is, projects that achieve "full-chain connectivity" have strong risk resistance.

Although the short-term price may fluctuate, I only believe in one thing: those who navigate through bull and bear markets are always the ones who have quietly laid the tracks while others are still dreaming. And #Sei is quietly building a high-speed railway to the mainstream financial world, and it has already begun trial operations. 🧐

RWA @SeiNetwork

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