The growth comes from a surge in gaming and DeFi activity on the network. Since January, Sei has established 17 million new wallet addresses, with over 330,000 new addresses created daily in Q2. The number of active addresses now sits at 26.8 million, according to Flipside data. Gaming is leading this rise. DappRadar reports that … Read more
This move follows closely after Canary filed for a similar staked ETF for Tron (TRX) on April 18. The company is also exploring ETF filings for several altcoins, including Solana (SOL), XRP, Axelar (AXL), and even Pudgy Penguins (PENGU). A staked SEI ETF would not merely track the price of the SEI token but also … Read more
SEI Price Movement Before the purchase, SEI had dropped to its lowest level since November 2023, touching $0.18. After the acquisition, SEI’s price jumped by 7.3%, nearing the $0.20 mark. Trading volume surged by 17%, reaching over $127 million. This suggests renewed investor interest in the token at a time when many cryptocurrencies were struggling. … Read more