SEI Token Surges 10.56% as Wyoming Stable Token News and $3B TVL Ignite Market Rally

SEIUSDT experienced a 10.56% price increase over the past 24 hours, rising from 0.1837 to 0.2031 on Binance. This positive price movement is primarily attributed to recent news, including SEI’s selection by the Wyoming Stable Token Commission as a candidate for stable token infrastructure, which has boosted investor confidence and market recognition. Additionally, strong social media activity highlighted SEI’s total value locked surpassing $3 billion and a significant rise in daily active addresses, further supporting bullish sentiment. Increased analyst attention, with forecasts of major gains in the 2025 altcoin cycle, has also contributed to heightened trading activity and positive momentum.

Currently, SEI trades at 0.2031 with a 24-hour trading volume of $221,033,017 and a market capitalization of approximately $1.1 billion, ranking it 66th among cryptocurrencies and positioning it as a top gainer in the current market environment.