SEI Token Surges 10% on Major Unlock, USDC Integration, and Japan FSA Approval

SEIUSDT has risen 10.22% in the past 24 hours, currently trading at 0.3709 USDT, with a 24h open of 0.3365. The price surge is attributed to several positive developments, including the recent unlocking of 55.56 million SEI tokens (1% of circulating supply), integration of Circle USDC/CCTP, and regulatory approval from Japan's FSA, as well as participation in Wyoming's stablecoin pilot. Technical analysis shows bullish momentum, with SEI rebounding from recent lows and approaching key resistance at 0.4000, supported by strong trading volume between $517 million and $750 million. The market capitalization stands above $2.1 billion, placing SEI among the top 50 cryptocurrencies, and the token continues to outperform amid broader market corrections, driven by both fundamental news and technical strength.