SEI ETF Filing Sparks 40% Rally as it Becomes #2 EVM Chain—$0.30

Layer-1 blockchain SEI SEI ETF filing sparks 40% rally to $0.28 as blockchain becomes #2 EVM chain with 8.1M users and TVL rockets 24% to $535M. Crypto Journalist Anas Hassan Crypto Journalist Anas Hassan About Author Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech. Author Profile Share Copied Last updated: 3 hours ago Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews Sei ($SEI) has delivered an explosive 40% surge after decisively shattering the $0.20 psychological resistance level. In the aftermath of the Iran-Israel ceasefire developments, cryptocurrency markets experienced a swift rebound, with nearly every top-100 token staging remarkable recoveries. However, SEI has unexpectedly spearheaded this market-wide rally, surging from a session low of $0.194 to peak at $0.2872, before consolidating at $0.2799 during current trading. This dramatic price movement was accompanied by exceptional trading volume exceeding $784 million, a staggering 254% increase from the prior session, representing nearly 50% of SEI’s $1.55 billion market capitalization. SEI Conquers No. 2 EVM Spot With 8.1 Million Users AS TVL Rockets 24% to $535M. Market participants have largely credited SEI’s outstanding performance to renewed attention surrounding the May SEI ETF application submitted by Canary Capital. The Sei Network emphasized that securing ETF approval would serve as a catalyst for widespread blockchain adoption and increased demand for the underlying SEI token, drawing... https://cryptonews.com/news/sei-etf-filing-sparks-40-rally-as-it-becomes-2-evm-chain-0-30-next/ #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple