The Sei token (SEI) has demonstrated a significant increase of 35% in the past three days, having been chosen as one of the finalists in Wyoming's stable token pilot program.
Sei Selected for Pilot Program
Sei was selected among other projects, such as Aptos, to enter the final testing stage in the Wyoming Stable Token Commission. The token scored 30 out of 40, just behind Aptos, which received 32 points. Evaluation criteria included uptime, user base, core infrastructure, and security.
Technical Indicators Confirm Bullish Trend
Technical indicators on the SEI/USDT chart show a bullish trend. The token reached $0.2144 on June 20, demonstrating growth after a low of $0.1596 on June 17. RSI and MACD indicators signal a continuation of bullish momentum. Volatility is also increasing according to Bollinger Bands.
Regulatory Environment and Ecosystem Growth
The increased interest in SEI is also driven by changes in cryptocurrency regulations in the U.S. The project is gaining support due to the GENIUS bill, which establishes federal principles for stable assets. Analysts note that potential partnerships and protocol upgrades may further validate interest in the token.
Sei's selection for the stable token pilot program and positive technical indicators make it attractive to investors. Expectations for further updates could contribute to its growth.
