SEI, a new player in the crypto market launched in August 2023, showcases impressive results and potential for further growth. Built on the Cosmos platform, SEI supports compatibility with the Ethereum ecosystem and is already attracting the attention of investors and traders.
Technical Aspects and Growth of SEI Tokens
SEI tokens have a limited supply capped at 10 billion, with nearly 6 billion currently in circulation. Over the past 30 days, SEI has increased by over 111%, making it one of the top performers among the 100 most capitalized coins. In July, a bullish 'cup and handle' pattern formed on the price chart, indicating potential for further increases.
USDC Integration on the SEI Platform
A major factor in SEI's recent price momentum is the integration of the USDC stablecoin, which will bring significant liquidity to the platform. The addition of a $60 billion market cap stablecoin opens up massive trading opportunities and attracts institutional investors.
Fundamental Metrics of SEI in 2025
In early July, the total value locked in SEI reached a new record, exceeding $625 million. This growth is supported by increased activity on the platform, drawing investors' attention. The Yei Finance platform built on SEI also reports solid results, surpassing $400 million in total value locked. Together, this amounts to over one billion dollars locked in the SEI ecosystem, creating a strong foundation for future growth.
SEI continues to gain popularity among crypto investors due to its unique technical features and USDC integration. Undoubtedly, this platform holds potential for significant growth in the future.
