- SEI surged 47% in a week, sparked by real utility and renewed interest.
- Rumors around Wyoming’s stablecoin and a growing TVL have reignited momentum.
- Holding above $0.30 could set up the next move toward $0.38 and beyond.
Crypto always loves a good comeback story—and right now, SEI’s starting to fit the bill. While Solana was the star of the last cycle, blasting through gains like a rocket, SEI’s creeping into that same conversation. Slowly. Quietly. But definitely getting noticed.
SEI’s 47% Pump Turns Heads
In just a week, SEI—yeah, the layer-1 that’s all about speed for trading apps—jumped over 47%. That’s not nothing. A lot of folks still remember the project’s rough airdrop drama from two years ago. It wasn’t pretty. People were frustrated, disappointed… some swore off the token altogether.
But here we are. SEI’s been rolling out updates, tightening things up, and slowly building its ecosystem. That effort might finally be paying off.
What’s Got People Talking Now?
The big buzz lately? SEI just landed on the shortlist to possibly help manage Wyoming’s upcoming stablecoin, WYST. It’s not locked in or anything, but even being in the running got people talking. And buying. Visibility like that doesn’t come around too often.
On top of that, SEI’s total value locked (TVL) has jumped to nearly $600 million. Most of that is coming from Yay Finance, which holds a pretty big chunk of it. For a project folks thought was dead in the water after launch? That’s a serious turnaround.
Could SEI Pull a Solana?
Some analysts are throwing comparisons around—Solana went from $14 to $259 in one of the wildest bull runs ever. Could SEI follow that kind of path? Maybe not to the same extreme, but a 3x or even 5x gain? Doesn’t sound impossible. Especially if real-world assets (RWA) keep getting traction, and SEI locks in more deals with stablecoins or CBDC-linked stuff.
And hey—Solana got there partly on narrative and timing. SEI’s got a shot if the momentum holds.
The Chart’s Not Looking Too Bad Either
Price-wise, SEI bounced right off the $0.253 support level, climbed to $0.32, then dipped a bit—but held steady. As long as it stays above $0.30, traders are still eyeing that next push up to $0.38. The chart looks like it wants more… it just needs the volume to follow.
