Sei Network Hits $500M DEX Volume as Models Show Strong Upside Potential
Sei Network's DEX volume surpassed $500M in November, while analysts suggest its market cap is significantly undervalued compared to Tron.Summary
Sei Network experienced significant growth in decentralized exchange (DEX) activity during November, with total volume exceeding $500 million, and 30-day cumulative volume reaching approximately $411.7 million, indicating deeper liquidity and expanding trader participation. This performance highlights the network's stability under high-frequency trading flows, as protocols leverage its speed for order routing and settlement. Concurrently, analysts like Fabius DeFi noted a substantial valuation gap between Sei and Tron, suggesting Sei is significantly undervalued—currently at about one-thirtieth of Tron's market cap—and models project strong potential upside if it achieves parity. In terms of recent price action, the token traded near $0.14, experiencing a slight pullback after hitting a local high near $0.1415, consolidating in the $0.137–$0.139 range with reduced volume.
(Source：Brave New Coin)