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Sei Network Unlocks Japan Market After Hitting $626M In TVL

  • Sei Network's Total Value Locked (TVL) surpassed $626 million, a significant increase from $60 million at the start of 2024, indicating a surge in funds and new users.
  • TVL on Sei Network surged to nearly $700 million, showing a 10× gain in six months, which is uncommon in the current market conditions.
  • Sei Network received approval from Japan Financial Services Agency, allowing regulated entry into Japan's strict crypto market, leading to increased investor interest.
  • SEI's token price doubled in June following a stablecoin pilot announcement and proposed EVM‑only chain shift, currently trading around $0.26, with projections suggesting a drop to $0.19 by August 8, 2025.

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