SEI Token Surges 8% on Stablecoin Pilot, ETF Filing, and Record Ecosystem Growth
SEIUSDT has experienced an 8.08% price increase over the past 24 hours, rising from a 24h open of $0.2600 to a current price of $0.2810 on Binance. The primary drivers of this upward movement are the recent selection of SEI as a candidate for Wyoming's state stablecoin pilot, which has significantly boosted investor sentiment and trading activity, as well as increased ecosystem activity reflected in a total value locked of approximately $570 million and daily transactions exceeding 1.3 million. Additional momentum has come from the announcement of a Sei ETF filing in the U.S., the launch of a Sei ETP in Europe, and anticipation surrounding a version 2 airdrop. SEI currently ranks among the top 50 cryptocurrencies by market capitalization, with strong trading volumes and heightened network engagement supporting its recent price gains.