SEI Token Soars 30% After Wyoming Stablecoin Pilot Nod, EVM Upgrade, and Record DEX Volume
SEIUSDT experienced a significant price increase of approximately 30.48% in the last 24 hours, rising from a 24h open of $0.1985 to a current price of $0.2590 on Binance. This surge is attributed to several key developments: SEI being named a finalist by the Wyoming Stable Token Commission for the WYST stablecoin pilot, the completion of the v6.1.0 network upgrade and transition to a full EVM-only environment, and record-setting network activity including a doubling of active addresses and daily transactions, a new weekly DEX trading volume high of $263 million, and increased spot and derivatives inflows. These factors have driven heightened investor interest and trading activity, resulting in substantial price appreciation despite broader market volatility.
SEI is now trading at $0.2590 with a 24-hour trading volume reflecting strong market participation. The asset has shown robust upward momentum, supported by both technical and fundamental catalysts, positioning it as one of the more active and resilient cryptocurrencies in the current market environment.