MarketAlert – Real-Time Market & Crypto News, Analysis & AlertsMarketAlert – Real-Time Market & Crypto News, Analysis & Alerts
Font ResizerAa
  • Crypto News
    • Altcoins
    • Bitcoin
    • Blockchain
    • DeFi
    • Ethereum
    • NFTs
    • Press Releases
    • Latest News
  • Blockchain Technology
    • Blockchain Developments
    • Blockchain Security
    • Layer 2 Solutions
    • Smart Contracts
  • Interviews
    • Crypto Investor Interviews
    • Developer Interviews
    • Founder Interviews
    • Industry Leader Insights
  • Regulations & Policies
    • Country-Specific Regulations
    • Crypto Taxation
    • Global Regulations
    • Government Policies
  • Learn
    • Crypto for Beginners
    • DeFi Guides
    • NFT Guides
    • Staking Guides
    • Trading Strategies
  • Research & Analysis
    • Blockchain Research
    • Coin Research
    • DeFi Research
    • Market Analysis
    • Regulation Reports
Reading: SEI Skyrockets in Usage as ETF Filing, TVL Surge, and Circle Support Align
Share
Font ResizerAa
MarketAlert – Real-Time Market & Crypto News, Analysis & AlertsMarketAlert – Real-Time Market & Crypto News, Analysis & Alerts
Search
  • Crypto News
    • Altcoins
    • Bitcoin
    • Blockchain
    • DeFi
    • Ethereum
    • NFTs
    • Press Releases
    • Latest News
  • Blockchain Technology
    • Blockchain Developments
    • Blockchain Security
    • Layer 2 Solutions
    • Smart Contracts
  • Interviews
    • Crypto Investor Interviews
    • Developer Interviews
    • Founder Interviews
    • Industry Leader Insights
  • Regulations & Policies
    • Country-Specific Regulations
    • Crypto Taxation
    • Global Regulations
    • Government Policies
  • Learn
    • Crypto for Beginners
    • DeFi Guides
    • NFT Guides
    • Staking Guides
    • Trading Strategies
  • Research & Analysis
    • Blockchain Research
    • Coin Research
    • DeFi Research
    • Market Analysis
    • Regulation Reports
Have an existing account? Sign In
Follow US
© Market Alert News. All Rights Reserved.
  • bitcoinBitcoin(BTC)$71,114.003.24%
  • ethereumEthereum(ETH)$2,074.772.58%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$647.651.49%
  • rippleXRP(XRP)$1.434.83%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$87.863.43%
  • tronTRON(TRX)$0.284411-0.30%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.04-0.72%
  • dogecoinDogecoin(DOGE)$0.0989068.67%
DeFi

SEI Skyrockets in Usage as ETF Filing, TVL Surge, and Circle Support Align

Last updated: June 25, 2025 9:00 pm
Published: 9 months ago
Share

On June 25, 2025, the SEI/USDT weekly chart formed an inverse head and shoulders pattern — a bullish reversal structure that often signals the end of a downtrend and the start of a new upward phase.

This inverse head and shoulders includes:

The neckline sits around $0.230, and the breakout occurred with a strong bullish candle closing above that resistance.

This technical formation suggests the price may climb approximately 67% from the breakout point. From the current price of $0.29, that projects a target near $0.4835 — marked in blue on the chart.

The price trades just below the 50-week Exponential Moving Average (EMA) at $0.3035, which now acts as short-term resistance. A weekly close above this EMA would further validate the breakout.

Volume has surged alongside the breakout, reaching 1.58 billion, confirming rising demand.

The next major resistance zone is at $0.4835, aligned with prior highs from early 2024. If SEI clears this level, the structure will confirm a full trend reversal from the year-long downtrend.

If bulls fail to hold above the neckline, the pattern could invalidate, and SEI may retest support near $0.19.

Let me know if you need a rewritten article using this chart.

On June 25, 2025, the Relative Strength Index (RSI) for SEI/USDT on the weekly chart climbed to 53.70, moving above the neutral 50 mark for the first time in nearly a year. This level signals that bullish momentum is returning. The RSI crossed above its 14-period moving average, which sits at 41.43, confirming an upward trend shift.

This breakout follows the completion of an inverse head and shoulders pattern. Together, these indicators show early signs of a trend reversal. The RSI has more room before reaching the overbought zone (above 70), suggesting that price may continue to rise in the short to mid term.

On June 25, 2025, the State of Wyoming named Sei blockchain as the preferred infrastructure for its official stablecoin, the Wyoming Stable Token (WYST). This decision placed Sei at the center of national attention.

The Wyoming Stable Token Commission’s selection signals trust in Sei’s technical capabilities. Known for its high-speed design optimized for decentralized exchanges, Sei will serve as the foundation for issuing the state’s fiat-backed digital currency.

Wyoming has earned a reputation as the most blockchain-forward U.S. state. By choosing Sei over older competitors, it reinforced its commitment to new, efficient systems. This move came amid ongoing discussions in Washington around digital assets and financial modernization.

Sei’s role in this project extends beyond utility. The network’s throughput, low-latency design, and built-in optimizations make it suitable for handling public sector-level transactions.

The news triggered increased attention toward the SEI token. However, this recognition stems from more than market speculation. Sei’s ongoing adoption in decentralized trading and recent ecosystem growth supported its selection as a stable infrastructure choice.

SEI’s position in the institutional market grew stronger this week. In its initial public offering (IPO) filing, USDC issuer Circle confirmed that SEI is the largest cryptocurrency holding on its balance sheet — ranking above both Ethereum and Bitcoin.

This disclosure changed how investors view SEI. It showed that major financial players now see SEI as a long-term asset, not just a short-term token.

At the same time, Canary Capital, an asset management firm, filed for an exchange-traded fund (ETF) based on SEI. If regulators approve it, this would be the first ETF directly tied to the SEI ecosystem. The move could bring SEI to traditional investors and open access to more institutional capital.

Sei co-founder Jeff Feng responded by saying,

“Exciting to see major progress in the institutional adoption of Sei,”

in a recent post.

Together, the Circle disclosure and ETF filing support a shift in how the market treats SEI. These steps point toward growing institutional trust, better capital inflow, and lower volatility — important features for professional investors.

SEI’s recent momentum extends beyond news coverage. Core adoption metrics now show rapid growth across users, decentralized finance (DeFi), and Web3 gaming.

The Sei Network reached 600,000 active wallets, even after a 30% price dip earlier this month. This steady user engagement reflects real activity rather than short-term speculation.

Recent data from Flipside shows Sei now ranks second among all Ethereum Virtual Machine (EVM)-compatible blockchains by user count. It has overtaken Arbitrum, Optimism, Polygon, and Binance Smart Chain in this category.

Philip, a known Sei community member, pointed out that the network holds nearly 30% of the Web3 gaming market — surpassing Ronin and BNB Chain in player traction.

Meanwhile, Sei’s Total Value Locked (TVL) continues to surge. According to DeFi tracking platform DefiLlama, SEI’s TVL hit a new all-time high of $560.28 million. It now stands over halfway to the $1 billion mark. Protocols such as Takara Lend and Yaka Finance are contributing to this rapid growth.

This combination of user base expansion, rising DeFi participation, and dominance in gaming places Sei in a strong position for continued adoption.

Read more on Coinchapter

This news is powered by Coinchapter Coinchapter

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook

Like this:

Like Loading...

Related

TRON and NEAR Partner to Deliver One-Click Cross-Chain Swaps
Will Polygon price retest January highs as stablecoin activity and app revenue surges?
The Under-$0.04 Altcoin Set to Outpace Solana (SOL) Growth in 2026
Real-World Assets Surpass DEXs to Become 5th-Largest DeFi Category by TVL
New Crypto Mutuum Finance (MUTM) Demonstrates Working DeFi Infrastructure Ahead of Mainnet

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article What’s Next for Real-World Asset Tokenization
Next Article What is the best Cryptocurrency to invest in as Solana (SOL) ETF nears and Mutuum Finance (MUTM) shows potential?
© Market Alert News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Prove your humanity


Lost your password?

%d