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.