SEI Coin, a Layer 1 cryptocurrency, has been making strides in the market as it receives backing from founders of LayerZero and other institutions. It's speculated to hit a target of $20 during the current bull run, although the coin faces critical tests as long-term support weakens.
SEI is considering dropping Cosmos compatibility, choosing to focus entirely on Ethereum. Recently, USDT0 went live on the Sei network and Bitget Wallet launched full support for the network. Despite a 37% drop, SEI surged past resistance indicating potential strength. In terms of presale cryptos in 2025, BlockDAG crushes Sui and Sei. There's rumored interest from World Liberty Financial in SEI, and the latter's buying spree of $775k worth of the coin, led by a substantial token investment, has seen a price rally of 20%. The Sei Foundation is considering acquiring 23andMe to put genetic data on the blockchain. Despite falling and hitting its lowest level since November 2023, SEI is looking for recovery. Canary Capital has filed for the first-ever staked
SEI ETF with the SEC, signifying an increasing institutional interest in SEI.
SEI Coin News Analytics from Wed, 10 Jul 2024 10:14:41 GMT to Mon, 09 Jun 2025 08:41:35 GMT -
Rating 3
- Innovation 6
- Information 7
- Rumor -1