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After BTC broke through 96k in the morning, the ecosystem tokens generally experienced a rebound. Looking at the watchlist, the most significant gain in the past 30 days belongs to CLO (a star token in the Sei ecosystem).
The data doesn't lie: CLO soared from 0.318 to 0.748, reaching a high of 0.91 during the period, with a total increase of 164%. What is driving this? CLO is the governance token of Yei Finance, which, as one of the core DeFi protocols in the Sei Network ecosystem, plays an important role in ecosystem development.
Interestingly, does this strong performance of CLO indicate that the Sei DeFi ecosystem is about to experience a larger-scale explosion? From the outstanding performance of a single token to the overall ecosystem's synergistic effects, this chain deserves in-depth observation.