The crypto market may look sluggish right now, but SEI is one of those standing out from the crowd. In just the past 30 days, SEI has climbed over 35% despite overall weakness across altcoins. That’s a clear sign it could be gearing up for something much bigger.
According to Matty from the Altcoin Buzz YouTube channel, there are solid reasons why SEI might follow a similar trajectory to what we saw with Solana during the last bull cycle.
Let’s dive into what makes SEI so special, why it could attract the same hype Solana once did, and what these developments might mean for SEI price over the next few months according to the Altcoin Buzz presenter.
SEI’s Institutional Attention Could Spark Big Moves
One of the most major factors favoring SEI is the growing institutional interest around it. Matty notes that SEI made it onto the shortlist for the Wyoming Stable Token Commission’s WYST project, which will create the first state-backed stablecoin in the U.S. This is a big deal.
SEI is competing head-to-head with just one other chain, Aptos, after leaving big names like Solana, Ethereum, Arbitrum, Avalanche, and Polygon behind. Whether SEI wins or not, it shows SEI is being recognized as a serious contender among much bigger blockchains.
Stablecoins are becoming an essential bridge between traditional finance and crypto markets, and SEI’s lightning-fast finality of around 400 milliseconds makes it a perfect candidate to power these kinds of applications.
Add to that Circle’s interest: Circle holds a large SEI bag and has applied for a National Trust Bank Charter that could bring stablecoin use further into mainstream finance, and it’s easy to see why SEI price recently spiked over 100% in a short period.
Matty also noted that Canary Capital has filed for an SEI ETF, which could open the doors for even more institutional money. And World Liberty Financial, a Trump-linked entity, has already invested $1 million into SEI, which has ballooned to about $1.8 million in value, a gain of roughly 80%.
All of these developments highlight how SEI is making waves beyond retail investors, positioning itself as a credible player for big capital flows that could drive SEI price to new highs, just like we saw with SOL during Solana’s breakout.
Rapid Ecosystem Growth Is Fueling SEI’s Momentum
SEI is also seeing impressive growth across its ecosystem. Matty points out that SEI’s total value locked (TVL) just crossed $600 million, putting it at number 15 among all blockchains by TVL.
What’s more exciting is that SEI hit a new all-time high TVL only days before the video was made, according to DeFi Llama data. SEI price has historically surged when its TVL enters a new growth phase, and the chart shows a clear inflection point starting in March.
DEX trading volumes on SEI are also soaring, which shows that traders are actively using the network. This isn’t just speculative hype—there’s real activity happening. Matty also highlights the importance of wallet support: SEI recently launched SEI Global Wallet, and BitGet Wallet now supports SEI.
Once SEI fully transitions to an EVM-compatible chain, popular wallets like MetaMask, RabiWallet, and Phantom will instantly work with SEI. This wallet compatibility will make it much easier for new users to onboard and for existing Ethereum and Solana users to start experimenting with SEI without friction.
That ease of access could give SEI the same kind of viral adoption that helped Solana explode in popularity last cycle, which could send SEI price on a similar trajectory if momentum continues.
Giga Upgrade Could Make SEI the Highest-Performance EVM Ever
The biggest game-changer for SEI could be its Giga upgrade. SEI already launched its parallelized EVM in July 2024, but Giga takes things to another level. Traditional EVM smart contracts support just around 100 transactions per second (TPS). Even the highest throughput EVM chains today only reach about 5,000 TPS. But Giga aims to push SEI’s EVM throughput up to an astonishing 250,000 TPS.
Matty explains that this kind of performance means SEI’s EVM could process transactions faster than Web2 giants like Google, which can handle about 100,000 complex operations per second. With Giga’s parallelized execution, optimized storage, and a new consensus mechanism called Autobahn, SEI could leapfrog every other EVM chain currently in existence. That kind of speed doesn’t just make SEI competitive—it could redefine what’s possible on an EVM chain.
Such performance improvements could unlock real-world financial applications, gaming, and DeFi experiences that feel as smooth as using centralized Web2 platforms, something that helped Solana attract developers and users in droves during its breakout. If SEI delivers on these promises, SEI price could benefit massively, and the project could command the same kind of hype Solana did when SOL price went from under $2 to over $200 during its rally.
SEI Has What It Takes to Follow Solana’s Path
Matty from Altcoin Buzz makes a strong case: institutional backing, explosive ecosystem growth, and a revolutionary tech upgrade all set SEI up as a prime candidate to mirror Solana’s success story. While there are always risks and no guarantees in crypto, the fundamentals SEI is building are exactly the kind of catalysts that sparked Solana’s meteoric rise.
Read Also: HBAR Price to $1? Why Wall Street and AI Giants Are Betting on Hedera
SEI’s lightning-fast transactions, growing DeFi activity, expanding wallet support, and next-level performance through Giga could make SEI price one of the biggest winners in the next bull run. Keep an eye on SEI, especially as altcoin season heats up.
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The post 3 Reasons SEI Could Echo Solana’s Early Success This Bull Cycle appeared first on CaptainAltcoin.
