SEI Token Soars 37.91% on DeFi Surge and Wyoming Stablecoin Pilot Recognition, Hits $1.5B Market Cap

SEIUSDT surged 37.91% over the past 24 hours, rising from 0.2034 to 0.2805, with the rally driven by renewed market momentum, increased DeFi activity, and SEI’s recognition as one of the top three blockchains in the Wyoming government’s stablecoin pilot evaluation. The price increase is further supported by record-high decentralized exchange volumes, a growing developer ecosystem, and SEI’s recent outperformance of major cryptocurrencies, which has attracted significant investor attention. SEI currently trades at 0.2805 with a 24-hour trading volume exceeding $613 million and a market capitalization near $1.5 billion, ranking it 56th by market cap; its strong performance stands out amid broader market declines.