Sei Network is preparing for the launch of native USDC and the CCTP V2 upgrade. Current metrics indicate support for $SEI.
Support Level for $SEI
Technical analysts report that the $SEI is holding near the support level of $0.26, which aligns with the 200-day EMA and 200-day MA. This level recently acted as a bounce zone after the price retracement of $SEI.
Launch of Native USDC and CCTP V2
Circle has confirmed the launch of native USDC and CCTP V2 on the Sei Network, which will improve the use of USDC across applications including DeFi, payments, and gaming. The new protocol enhances cross-chain transfer capabilities between Sei and 13 other blockchains.
Growth of Initial Volume and Network Support
According to Sei Foundation data, the Total Value Locked (TVL) in the network has risen from $208 million to over $600 million in 2025. Sei now supports more than 200 applications and remains fully EVM-compatible.
The launch of native USDC and CCTP V2 is anticipated to enhance stability and efficiency within the Sei network, supporting its growth and development.
