SEI Token Surges 30% as DeFi Activity Hits Record Highs and Wyoming Stablecoin Pilot Boosts Demand
SEIUSDT has experienced a 30.20% price increase over the past 24 hours, rising from 0.2030 to 0.2643, with this surge attributed to several key developments: SEI’s selection as a candidate blockchain for the Wyoming Stable Token (WYST) pilot, the launch of Solv Protocol’s AI-powered BTC yield product on the Sei network, and record-breaking DeFi activity including a weekly DEX volume high of $263 million and a 24-hour trading volume of $536.4 million. These ecosystem expansions and strategic partnerships have driven strong bullish sentiment, supported by increased active addresses and investor accumulation, setting SEI apart in a generally bearish market. Currently, SEI trades at 0.2643 with a market cap of approximately $1.49 billion, ranking #56 globally, and maintains high liquidity and trading activity as one of the top gainers in the market today.