Messari releases Sei Q1 report: TVL increases 714% quarter-on-quarter, SEI price rises 37% quarter-on-quarter

June 4 news, Messari released Sei's Q1 2024 status report, the key points are as follows: -TVL (in USD) increased by 714% quarter-on-quarter, reaching $46 million, significantly exceeding the price increase. The TVL of Astroport, a leading DEX in the Sei ecosystem, increased by 468% quarter-on-quarter; -The price of SEI rose by 37% quarter-on-quarter, although revenue (in USD) fell by 32%. Due to inscription activities, revenue was particularly high in the fourth quarter of 2023; -Quarterly growth rates for NFT sales volume, independent buyers and sellers were respectively at 2936%,2429%, and2419%. MRKT led the growth in NFT market; -The launch of liquidity staking protocols SiloStake and Kryptonite resulted in participation of eight point four million SEI tokens in liquidity staking; -Sei's open-source Parallel Stack announced in March that it plans to enable developers to launch modular L2 blockchains as parallel EVM execution layers.