- Giga upgrade to enable parallel EVM execution with sub-400ms finality, increasing scalability and Solana-Ethereum competitiveness.
- DeFi TVL nears ATH, with new integration of MyWebAcy enhancing dApp security, risk analytics, and institutional readiness.
SEI (Sei Network) is trading at $0.2771, reflecting an explosive +37.5% increase in the last 24 hours and a staggering +73.3% gain over the last 7 days, making it one of the top-performing Layer 1 tokens in the current market cycle.
The project has a market capitalization of $1.54 billion, with nearly $950 million in 24-hour trading volume, signaling extremely high demand and a strong return of speculative and institutional capital.
This breakout move comes after a long period of price suppression, with SEI now trading over 190% above its all-time low and approximately 75% below its all-time high of $1.14.
SEI has decisively broken above previous resistance levels at $0.21–$0.24, flipping them into support. The token is now targeting the $0.30 psychological barrier, which aligns with high-volume nodes from Q1 2024.
The breakout candle has been accompanied by a sharp spike in volume and positive momentum on all major oscillators, including RSI now trending above 70, suggesting strong bullish continuation.
The 50-day moving average has also turned upward for the first time in months, further validating trend reversal. Should the rally hold, the next resistance levels lie at $0.32 and $0.38, with pullback support now forming around $0.25–$0.26.
Wyoming Stablecoin Program
One of the key reasons for SEI’s dramatic surge is its selection as a candidate network for Wyoming’s state-backed stablecoin pilot. This government-level endorsement could signal SEI’s entry into real-world financial infrastructure and public-private blockchain applications, adding a massive layer of credibility and institutional narrative.
Additionally, SEI is slated for the upcoming Giga upgrade, introducing a parallel-execution EVM layer with >5 gigas/sec throughput and sub-400ms finality—a major technical leap positioning it to rival Solana and Ethereum
DeFi TVL Nearing ATH
According to ETHNews, Sei’s DeFi ecosystem total value locked (TVL) is now approaching all-time highs, signaling increasing developer activity and capital inflows. This strengthens SEI’s reputation not just as a trading-focused chain but as an evolving DeFi hub.
SEI also announced integration with MyWebAcy, a real-time Web3 risk scoring protocol. This partnership is designed to bring improved risk assessment tools to dApps and institutional traders building on Sei — a move that enhances security and analytics within its ecosystem.
CoinGecko shows 89% of users are currently bullish on SEI, further supporting the momentum with strong retail participation. The token is now widely traded across top-tier exchanges including Coinbase, Binance, Gate.io, and LBank, with the majority of liquidity concentrated on SEI/USDT and SEI/USD pairs.
