$SEI Surges 15%: Eyeing the $1 Milestone
Rapid Price Growth
SEI’s price jumped 15.14% in the past 24 hours, driven by
increasing investor interest. With momentum building, SEI is
approaching the $1 mark, a critical level that could solidify its
market presence.
Adoption and Ecosystem Growth
*/ User Surge: SEI hit a record 871,000 daily users, reflecting
renewed engagement and adoption.
*/ Transaction Volume: Activity is back to levels last seen in
August, signaling robust ecosystem interactions.
*/ TVL Record: Total Value Locked (TVL) reached $218 million,
demonstrating strong investor confidence.
*/ Developer Activity: Smart contract deployment on SEI is at
an all-time high, boosting innovation.
Derivatives Market Momentum
Derivatives trading volume soared 222% to $1.78 billion, with
Open Interest climbing 39.25% to $281 million. This highlights
bullish sentiment and growing speculative interest.
With these metrics aligning, SEI appears poised for further
price gains and a potential breakout above $1.
