In the volatile sand of crypto assets, few tokens manage to attract so much attention in such a short time. However, that is the winning bet of Sei (SEI), a still relatively young altcoin, which has skyrocketed by 47% in 24 hours.
What is the origin of this spectacular jump? The selection of the Sei blockchain by the State of Wyoming as a candidate infrastructure for its future stablecoin, the WYST. This unexpected choice puts Sei in the spotlight, in a context where the blockchain war is in full swing.
This sudden turn in the markets is not a matter of chance. Wyoming, often considered the crypto laboratory of the United States, has taken a strong step by announcing a state stablecoin. In a sea of political and technological uncertainties, Sei represents a promise of speed and efficiency for the issuance of WYST. The result: a speculative race for SEI, far beyond its simple role as a utility token.
But this rise should not be reduced to a simple political spotlight. Sei, as a blockchain optimized for DEX, has been able to capitalize on a remarkable organic growth, driven by the rise of decentralized trading.
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