RECAP: FACE OFF - SEI vs SOLANA
Sei is a Layer 1 blockchain built using the Cosmos SDK and Tendermint Core
Sei is building a scalable and interoperable blockchain optimized for DeFi
The Nakamoto coefficient of SEI is 7 versus 21 for Solana—3x more decentralized
Sei is nearly three times faster when it comes to finality
Sei only has 4 developers compared to Solana, with 322 weekly developers
Inflation will be heavy for Sei over the foreseeable future
The total value locked for Sei is $10.6 million versus $1.52 billion for Solana
Solana is substantially more mature and capable as a chain
Solana is still the consensus trade for 2024
Today's lesson will focus on one of the most requested face-off matchups between Sei and Solana. Everyone has been asking if Sei is the new killer and if it will take the crown from SOL. Solana was certainly the consensus trade in 2023, but what exactly is happening in 2024?
Our analysis will be based entirely on data, which is the same approach I have used for nearly 35 years in other markets.
Here is a link to my full Face Off playlist:
https://www.youtube.com/playlist?list=PLWTRLGkkf1kQO2-ChWg1KKWf8uh3yQryF
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