🚀 SEI Soars 33%: DeFi Frenzy Propels Sei Network to Record Highs

DeFi's latest rocket fuel? Sei (SEI) just blasted past resistance with a 33% surge—no Wall Street suits required.

Ecosystem goes supernova

The L1 chain's TVL doubled in a week as degens piled into perpetual swaps and liquidity farms. Turns out 'build it and they will come' works when APYs outpace traditional finance by 1000%.

Smart money wakes up

Institutional inflows hit $50M daily—right as BlackRock's CEO called crypto 'a speculative asset.' Funny how those statements age like milk in a bull market.

SEI's chart looks like a SpaceX trajectory, but here's the catch: every DeFi summer has its autumn. For now? Buckle up.

TLDR

• SEI token rallied 33% to $0.268, reaching its highest level since May 12 with trading volume up 175%
• Sei blockchain’s total value locked (TVL) climbed to $1.13 billion, nearly doubling from $526 million at the start of 2025
• MyWebAcy launched on Sei Network to provide real-time risk scoring for wallet addresses and enhance security
• DEX volume on Sei Network hit a record $263 million in one week, driven by large-scale transactions
• Monthly revenue from Sei-based DeFi protocols increased from $116,000 in March to $562,000 in June

Sei token posted strong gains on June 24, rallying 33% to reach $0.268. This represents the highest price level since May 12.

The token’s market cap reached $1.49 billion with daily trading volume hitting $557 million. Trading volume increased by 175% compared to the previous day.

SEI’s price movement aligned with broader market recovery trends. The global crypto market cap climbed 2.5% to $3.36 trillion during the same period.

Bitcoin reclaimed the $105,000 level while major altcoins posted gains. Ethereum, XRP, Solana, and Dogecoin all recorded positive price movements.

The market recovery followed news of a potential ceasefire agreement between Israel and Iran. U.S. President Donald TRUMP announced the development, signaling an end to a 12-day conflict.

Growing DeFi Ecosystem Drives Network Activity

The SEI blockchain’s total value locked (TVL) reached $1.13 billion according to DeFiLlama data. This represents nearly double the $526 million recorded at the start of 2025.

The current TVL level approaches the network’s all-time high of $1.15 billion set in May. Growth has been driven by increasing adoption of decentralized applications.

Yei Finance, a lending protocol inspired by Aave, holds approximately $820 million in assets. Takara Lend, another lending platform, has attracted $80 million in TVL.

Stablecoin supply on the Sei network grew to over $225 million from $1.2 million in March. USDC accounts for 83.3% of the stablecoin market on the network.

Revenue from Sei-based DeFi protocols increased from $116,000 in March to $562,000 in June. This indicates growing transaction activity and protocol usage across the network.

Technical Analysis Shows Bullish Patterns

SEI broke out of multiple bullish technical patterns recently. The token cleared the upper resistance of a multi-week descending channel.

The price also broke above a symmetrical triangle pattern that formed since February. This pattern typically signals bullish continuation.

SEI now trades above both its 50-day and 200-day moving averages. The Supertrend indicator shows a green signal while MACD registered a bullish crossover.

The next potential upside target sits at $0.36, which aligns with the 38.2% Fibonacci retracement level. A MOVE toward $0.50 could occur if momentum continues.

Network Security Enhancement

MyWebAcy launched on Sei Network to provide real-time risk scoring for wallet addresses. The platform focuses on address reputation assessment in Web3 environments.

Big news: Webacy is officially launching on @SeiNetwork.

We're partnering with @Sei_FND to bring the most advanced risk and address scoring infrastructure to the fastest chain in crypto.

Here's what this means for the Sei ecosystem 👇 pic.twitter.com/jehqbF96Au

— Webacy (@mywebacy) June 23, 2025

The system integrates with services like Seitrace, a token explorer used on Sei. Users can assess wallet address safety before conducting transactions.

The Sei Foundation, established in April in Manhattan, supports the collaboration. The foundation funds developers and explores blockchain-based data storage applications.

DEX volume on Sei Network reached a record $263 million in one week. Spot volume increased by approximately $15 million, with large-scale transactions driving the spike.

Sei completed a technology upgrade in April called Autobahn. This consensus protocol can process hundreds of thousands of transactions using asynchronous data propagation and BFT consensus.

As of current trading, SEI is changing hands at approximately $0.2811, representing a 36.59% increase over 24 hours and 64.47% gain over seven days.