SEI vs Hedera: Analyst Picks the Crypto with Higher Short-Term Gains
Main Idea
SEI Network shows stronger short-term growth potential compared to Hedera, driven by rapid DeFi adoption and significant USDC inflows, while Hedera faces challenges in its stablecoin market despite corporate backing.
Key Points
1. SEI Network's price rose 33% in three months, supported by strong DeFi growth and $4.68B daily stablecoin transactions.
2. $110M worth of native USDC entered SEI Network in 10 days, surpassing established networks like Algorand.
3. Hedera gained listings on Robinhood and Kraken but saw its USDC supply drop 70% from $224M to $57.5M in days.
4. Hedera's HBAR rose 28% in three months but faces volatility, trading at $0.26 after peaking at $0.30 in July.
5. Analysts favor SEI for short-term upside due to its rapid growth, while Hedera offers stability and corporate backing.
Description
SEI price rose 33% in three months, backed by strong DeFi growth. Daily stablecoin transactions on SEI hit $4.68B, USDC inflow leads peers. Hedera gained major listings but saw USDC supply drop 70% in days. The crypto market is full of strong contenders, and two of the most talked-about right now are SEI Network (SEI) and Hedera (HBAR). Both have made headlines recently, but AltcoinBuzz has answered which one offers better returns? SEI Network: Built for DeFi and Rapid Growth The analyst explain...
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