<ul data-eligibleForWebStory="true"><li>SEI token outperformed the market surging over 100% in June, driven by institutional support and government backing, especially from Wyoming for its stablecoin pilot.</li><li>SEI's active wallets surpassed 600,000, and its total value locked (TVL) hit a new high of $560.28 million, positioning the token as a strong performer in the crypto space.</li><li>SEI was selected over Ethereum by Wyoming for the U.S. government-backed stablecoin pilot, enhancing SEI's credibility and institutional acceptance, with Circle ranking it as the largest asset on its balance sheet.</li><li>Canary Capital's filing for an SEI-based ETF and SEI's growing presence in Web3 gaming and DeFi sectors reflect increasing institutional interest in SEI, signaling a shift towards broader adoption of newer Layer-1 blockchain networks.</li></ul>

SEI Token Surges 100% in June as Government and Institutional Support Grows

Discover more