Sei (SEI) price is edging higher, trading at around $0.21 at the time of writing on Friday. The token, designed for Decentralized Finance (DeFi), high-frequency trading, and real-time digital exchanges, is up over 10% on the day and has sustained a 16% surge in the past 24 hours.
Sentiment surrounding Sei soared on Thursday after the announcement of the protocol's selection as a candidate for the Wyoming Stable Tokens (WYST), a stablecoin issued by the state of Wyoming.
