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Sei Network Hits $626 Million TVL, Gains Japan Regulatory Approval

  • Sei Network's Total Value Locked (TVL) surges to $626 million, marking a tenfold increase since early 2024, according to DeFiLlama data.
  • Japan's Financial Services Agency grants regulatory approval to Sei Network, allowing entry into a major crypto market.
  • SEI price jumps 100% in June following a U.S. stablecoin pilot, SIP-3 EVM transition, and ecosystem traction.
  • Analysts remain optimistic about Sei Network's future potential with record TVL growth, regulatory approval, and ongoing infrastructure development.

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