Behind the peak of the day lies a deeper reality. For the past two months, activity on the Sei chain has exploded: +180% daily active addresses, +20% transactions. Figures that speak for themselves and show that interest in this crypto is not limited to a mere announcement effect. It is the technical foundations that today sustain the speculative momentum.
The Total Value Locked (TVL) of Sei, a key indicator to measure the health of a DeFi blockchain, reached 542 million dollars, doubling since March. A performance that lends credibility to the network in the eyes of investors, at a time when distrust reigns towards the empty promises of the sector.
And while other blockchains bet on EVM compatibility, Sei follows its own path, relying on the Cosmos ecosystem to develop a modular and performance-oriented infrastructure. This position, long ignored, is beginning to bear fruit.
The domino effect does not stop there. In the background, another event ignites interest around SEI: the request for the creation of an ETF by Canary Capital, focused on staking the crypto. If the SEC approves this product, it would be the first time for such a recent crypto, and above all a strong signal sent to institutional investors.
An ETF backed by Sei would open the floodgates to regulated and profitable exposure, thanks to the integration of staking. This rare combination of performance and regulation would make SEI an exceptional crypto in diversified portfolios. This explains why some investors are already betting on broader upcoming adoption.
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