SEI Crypto Has Soared: 31% Increase Puts Other Altcoins to Shame
Crypto has behaved like an emo teenager through adolescence, with a combination of red candles, exit scams, and uncertain vibes amidst a stagnant trading market. However, SEI crypto has taken a different route, soaring 31% as if it missed the memo about a potential WW3.
SEI jumped from $0.158 to $0.268, turning crypto market gloom into something that appears uptrend in nature.
Let’s analyze why SEI might outshine SUI, Solana, and other Layer 1s, along with our SEI price forecast:
SEI Crypto Experiences a Surge with Unprecedented Network Activity
SEI’s climb is paralleled by a matching increase in DEX volume. DEX activity reached an all-time high this week, surpassing $263 million, while coin volume hit $284 million in just a single day.
After months of minimal movement, interest in the platform is evidently trending. June 17 brought additional fuel with $9 million in daily spot inflows, marking the largest jump this year. Derivative markets responded with open interest soaring by more than 60% and total volume exceeding $1.16 billion.
Sei Protocol has been chosen by the Wyoming Stable Crypto token Commission as a candidate distributed database for WYST
WYST represents the first fiat-backed stablecoin issued by a U.S State and will be implemented using @LayerZero_Core.
The revised candidate list is accessible to the public through The… pic.twitter.com/a2PV26bHyR
— Sei
(@SeiNetwork) June 19, 2025
Further boosting crypto holder confidence, SEI Protocol was recently shortlisted as a candidate blockchain for Wyoming’s WYST stablecoin. Wyoming continues to lead the way in crypto innovation, and this fiat-backed pilot program strengthens SEI’s ecosystem credibility regarding institutional use.
Later this year, SEI will initiate the Giga upgrade, a multi-proposer EVM upgrade that enhances throughput by 50x, reduces block times by 70x, and secures sub-400 ms finality. This project boasts considerable potential.
Technical Indicators Indicate Continued Momentum
Technical indicators are aligning for SEI. The $0.16 level remained steadfast during the last dip, with the price rebounding significantly from that area. Attention now turns to $0.30 as the next target.
SEI’s RSI has surpassed 72, yet the momentum remains optimistic, supported by a positive MACD crossover.
According to DeFiLlama:
- The Total Value Locked (TVL) on SEI rose by 1.62% in the past 24 hours, reaching $506.38 million.
- Perpetual and DEX trading volumes reached $63.63 million and $32.04 million, respectively, highlighting heightened Decentralized finance activity.
- Application fees and revenues are increasing, generating $102,821 and $21,848 each day.
What Lies Ahead for SEI?
SEI isn’t merely riding a wave of excitement. The rally is supported by protocol usage, crypto holder engagement, and favorable technical indicators working in harmony. The elements are in place.
A setback wouldn’t surprise anyone, but from a broader perspective, SEI still appears undervalued. As analysts like Invest Answers observe, SEI outperforms SUI across most metrics besides DEX volume, yet trades at a fraction of the market value. A rise to SUI’s market cap would position SEI around $4, a neat 20x increase from the current price.
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Key Takeaways
- SEI crypto has risen 31%, defying expectations amid concerns of a potential WW3.
- The rally is fueled by platform activity, crypto holder interest, and supportive technical fundamentals all in alignment.
The post SEI Crypto Just Went Vertical: 31% Surge Leaves Other Altcoins in the Dust appeared first on 99Bitcoins.
