Sei Network Breaks Records as TVL Soars Past $626 Million—What’s Fueling the Surge?

Jakarta, Pintu News – Sei Network (SEI) has been attracting huge attention in the crypto world lately, with its Total Value Locked (TVL) surging to a record high of over $626 million.

This surge demonstrates Sei’s ability to compete with leading blockchain networks such as Ethereum (ETH) and Solana (SOL), while strengthening its position in the field of decentralized finance (DeFi).

Sei Vertical Soaring: TVL Skyrockets

According to analysis from Kyledoops on the X platform, Sei Network’s Total Value Locked (TVL) has reached a new All-Time High (ATH).

Read also: Solana Price Prediction This Week: ETF Approval Potential to Push SOL Price to $200?

“With more capital inflows and increased on-chain activity, the SEI ecosystem is definitely attracting new attention,” Kyledoops said.

TVL Sei Network’s chart analysis in DeFiLlama shows growth since the beginning of 2024, increasing from a relatively small figure to almost $700 million.

When compared to other blockchains, SEI’s TVL growth rate is considered a “rare case.”

“…but at the same time, its TVL grew from $60.8 million to $623 million in a year. Compared to other networks, their TVL only grows around 10-50%, rarely more than that,” said an X user named Ronin.

This rapid rise comes after news that Sei Network has received approval from the Japan Financial Services Agency (JFSA), opening up access to the world’s most heavily regulated cryptocurrency market.

SEI Prices Jumped 100% in June

According to Artemis Analytics, this achievement has pushed the number of daily active addresses to a two-year high.

The synergy between regulatory approvals and increased on-chain activity has created strong momentum, attracting the attention of both retail and institutional investors.

SEI’s price surged 100% in June, fueled by a US government-backed stablecoin project, growing institutional interest, and an evolving ecosystem.

Read also: Hyperliquid Skyrockets: TVL Soars 147% as It Overtakes Ethereum and Solana in Daily Revenue!

Recently, Sei Labs proposed SIP-3 to transform the Sei network into an EVM-only model, removing native CosmWasm and Cosmos support.

However, the token has declined more than 78% from its peak in March 2024 and is currently trading at $0.2649.

Based on analysis from ChiefraFba at X, the price level of $0.2540 is a crucial support point on the 8-hour chart. If this level is unable to hold, SEI is likely to see a correction to around $0.2000.

This situation poses challenges for investors, who need to closely monitor amidst market fluctuations.

Nonetheless, with TVL’s remarkable growth and regulatory support from Japan, many experts remain optimistic about SEI’s potential recovery and continued upward trend in 2025.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. SEI Network TVL Hits All-Time High. Accessed on July 9, 2025