SEI repeats the SUI pattern 📊
If the forecast is confirmed, we can expect SEI to rise to $4.
Reasons why SEI might grow:
▪️ Circle has launched native integration of the USDC stablecoin on the Sei network. And with the passage of the GENIUS bill, we know this is a cool use case.
▪️ On April 30, 2025, Canary Capital submitted an application to the SEC for the first SEI-based ETF in the US (taking into account income from staking). Institutions need SEI.
▪️ In July, the Sei network processed transactions worth $73 billion and attracted nearly 500,000 new wallets – more than Ethereum and Avalanche during the same period.
▪️ Ondo Finance launched USDY on Sei – tokenized government bonds, bringing in $670 million TVL (an ecosystem growth of 821% since the beginning of the year).
Moreover, SEI should ideally increase by 35% and break the long-term downtrend (establishing itself above $0.4) to confirm this narrative 💸
Source: Telegram channel Coin Post
