SEI emerges as the leading cryptocurrency gainer with an impressive 23% surge
SEI, a sector-specific Layer 1 blockchain, is leading the charts on January 2nd with a 23.7% increase in price and a 5.5% market capitalization increase. It currently holds the first spot on the leaderboard at $0.7586, with a trading volume of $1,258,789,290 in the past 24 hours. This blockchain, designed exclusively for trading, aims to provide exchanges with a competitive edge.
CoinMarketCap Source: Top Crypto Gainers and Losers Today
In addition to the significant price gains, SEI co-founder Jayendra Jog announced that Sei v2 has achieved functional code completion and has initiated the auditing process with Osec and Zellic.
Following SEI is Astar (ASTR), a project that supports developers in building decentralized applications (dapps) and Layer 2 solutions. ASTR has seen an 18.3% increase in the last 24 hours, currently valued at $0.1615. While the specific reason for this surge in activity is unclear, the project’s introduction of a fund to assist earthquake victims in Japan may have contributed to increased attention and positive sentiments.
Taking the bronze in terms of gains is Ordi (ORDI), the inscription protocol on satoshis, the smallest unit of Bitcoin (BTC). ORDI has experienced a 15.3% surge in the last day, with a current price of $87.74. This coincides with Bitcoin developer Udi Wertheimer advocating for the adoption of Bitcoin Ordinals, despite facing criticism from the industry. Wertheimer expressed support for the concept, countering those who aim to eliminate Bitcoin Ordinals.
Overall, it has been a successful day for altcoins.
