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Be ($) Explosive 40% increase after definitely broke the level of psychological resistance of $ 0.20.
As a result Development of ceasefires Iran-IsraelCryptocurrency markets have seen a rapid jump, with almost every top 100 token performance of remarkable recovery.
However, the Sei unexpectedly at the head of this market rally, increased from a minimum of 0.194 USD to the summit to a top to $ 0.2872 before it was fixed to $ 0.2799 during current trading.
This dramatic price movement was accompanied by an exceptional volume of trading exceeding $ 784 million, a stunning increase of $ 254 compared to the previous session, which represents almost 50% of the market capitalization of SEI $ 1.55 billion.
SEI conquers instead of 2 EVM with 8.1 million users as TVL missiles 24% to $ 535 million
Market participants largely attributed excellent SEI performance for renewed attention around May SEI ETF application presented by Canary Capital.
The Sei network stressed that ETF approval would serve as a catalyst for extensive blockchain adoption and increased demand for the SEI underlying token, which causes a comparison with a remarkable trajectory of bitcoins growth after ETF’s permission in January 2024.
At the same time, the SEI blockchain ecosystem continues to be considerable momentum of users’ growth.
A recent Dappradar analyst suggests that the SEI network has come second among the leading blockchains compatible with EVM, boasting over 8.1 million active wallets.
SEI is now a user of the EVM chain No. 2 https://t.co/rxvjanos6e
– six
(@Seinetwork) June 24, 2025
In the last 24 hours, the total value is locked (TVL) across the SEI network extended by 28%, now exceeding assets of $ 542 million.
Nansen Intelligence reveals that Sei ranks like Second fastest growing blockchain for generating fees for the last weekIt records a 60% increase and monitors only APTOS at 78% growth.
In addition, SEI’s active addresses tripled, while the volumes of daily transactions have doubled, now on average 1.4 million transactions per day.
Wyoming chooses Sei above Ethereum, Base and Avalanche for Stablecoin.
June 19, the SEI network received recognition from Wyoming Stable Token Commission as a qualified blockchain candidate for WYST deployment.
The Sei network was selected by the Wyoming Stable Token
Wyst is the first stabnecoin supported by Fiat issued by the US state and will be deployed by using using the using @Layerzero_Core.
The updated list of candidates is publicly accessible to… pic.twitter.com/a2pv26bhyr
– six
Wyst represents an inauguration fiat-resorted stablecoin, which is to be released by the United States government.
Be reached a competitive score of 30Overcoming established competitors including base (25), sui (26), Avalanche (27), Ethereum (26), Algorand (21) and Ripple.
This development collectively shows growing Accepting blockchain layer-1which analysts expect will positively affect the award of the token SEI.
Cryptocurrency traders confirmed that SEI has successfully violated the critical trend line above the threshold of $ 0.25.
The token currently challenges a significant sales wall at higher price levels.
Crypto analyst CW8900 projects that if SEI penetrates this cluster of resistance, the token could Progress smoothly towards $ 0.44Where there is another main sales pressure zone.
This scenario suggests that SEI maintains approximately twice up the potential for the regeneration of the December peaks.
Optimistic traders and investors seeking risk are projected by even more ambitious long -term goals and speculate about recognition of 25x with individual Sei tokens reaching $ 7.
Great fact: $ is the only alt rn that can break up 25 times an increase in price that brings it to $ 7
pic.twitter.com/v8wraj5duf
– Josh (@joshyonchain) June 24, 2025
Five -month escape: SEI breaks the wall of resistance $ 0.26
Daily Technical Analysis SEI/USDT shows Bull Escape over a five -month resistance for $ 0.26, a price action for approximately $ 0.280 with a robust 41.9% one -day backup.
This escape shows a strong bull momentum, reinforced by a significant volume expansion and RSI 72.48 measurements that entered an excessive area, which usually indicates the persistent purchase pressure and at the same time potentially signals the closest consolidation risk.
If the bull momentum persists, the instant goal is $ 0.35, which represents a key resistance zone that previously functioned as the main distribution area.
A decisive break over this level could unlock medium -term progress towards $ 0.50, which potentially brought 70% profit from current awards.
On the contrary, the inability to maintain support above $ 0.26 could cause repeated repeated escape zones before renewing the next phase up. At present, Breakout confirms the reversal of the trend, while the bull sentiment maintains clear market control.
Contribution SEI ETF submissions of Sparks 40% Rally, How does it become a chain #2 EVM – $ 0.30 next? He appeared for the first time Cryptonews.
