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Sei

Sei Token Tops Circle’s Balance Sheet, Ipo Filing Confirms
GameFi Guides

SEI Token Tops Circle’s Balance Sheet, IPO Filing Confirms

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In a surprising reveal that’s creating major buzz in the crypto world, Circle, the company behind the USDC stablecoin, holds more SEI tokens than any other digital asset on its balance sheet. 

This detail was quietly tucked inside the company’s IPO filing, and it’s now drawing massive attention after SEI Network spotlighted the news in a congratulatory post on X.

Congratulations on the incredibly successful IPO of one of the biggest investors in $SEI, Circle, which hit a market high of $59B today on the heels of Senate approval of the GENIUS act for stablecoins.

Stablecoin issuers like Circle are starting to recognize Sei technology as a… pic.twitter.com/qb73IwOuH0

— Sei 🔴 (@SeiNetwork) June 24, 2025

“Circle holds more $SEI tokens than any other token on its balance sheet according to its IPO filing,” SEI Network wrote. “Stablecoin issuers like Circle are starting to recognize Sei technology as a driver for their next stage of growth.”

This strategic holding is a huge win for the SEI ecosystem. It shows that one of the world’s leading stablecoin issuers is not only bullish on Sei’s technology but sees it as essential to scaling operations in the new era of compliant, high-speed crypto infrastructure.

The timing of this reveal couldn’t have been more dramatic. On June 5, Circle Internet Group Inc. made its public market debut at $31 a share. The stock soared 168% on day one and hit a high of $263.45 earlier this week before a 17% correction on Tuesday. 

Even after the dip, the stock is still up around 750% since its IPO, pushing Circle’s market cap past $59 billion at its peak.

Much of this market momentum is fueled by the recent Senate approval of the GENIUS Act, which paves the way for the first clear U.S. regulatory framework for stablecoins. 

With regulation now moving forward, traditional investors are beginning to see the long-term value in firms like Circle that are building within the rules, and with the right partners.

SEI Network, built as a fast and efficient Layer 1 blockchain for trading and payments, is now getting serious attention. With Circle holding more $SEI than any other token, it’s clear they believe in not just the token, but the whole SEI ecosystem, as a key piece of future financial tech.

Also Read: Pro-XRP Lawyer Says Ripple Could Hit $100B Market Cap Post-IPO





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Sei Price Soars 40% Today, Will It Surge To $0.37 Next?
Crypto Trends

SEI Price Soars 40% Today, Will it Surge to $0.37 Next?

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The SEI token has constantly been under the limelight of the crypto industry over the past few days with its impressive price action. Notably, the Sei price has surged over 35% today, resulting in it successfully reclaiming the $0.27 mark. With this, its weekly gains has increased to approximately 73%, making it the best-performing altcoin of the week.

On the other hand, the on-chain data has also displayed increased volatility over the recent times. Are you one of many who are planning on investing in this crypto token? In this article, we will uncover the possible short-term Sei price prediction.

The volume displayed a consolidated trend over the past 4 months, indicating a weak price action during this period. However, the chart shows rising bars over the past few days, showing rising buying-and-selling pressure.

Adding to this, the Sei total liquidations chart also shows significant spikes over the past 5 days. Considering the present token sentiments, it could record major price movements within a short period of time as the optimism for SEI token is rapidly increasing.

Sei Total Liquidations Chart, Source: Coinglass

Sei Crypto On the Path to a Breakout Rally?

With a listing value of $0.2782, the SEI price has a market capitalization of $1.53 billion which totals to about 0.0477% of the total market share.

The Stochastic RSI indicator has breached the overbought range (80) in the daily time frame, suggesting a significant rise in the buying pressure. However, the current trend suggests a high possibility of a correction shortly, hinting at increasing volatility.

The Exponential Moving Average (EMA) 20, 50, 100, 200 is a key indicator used by investors to identify the key price point as it could help them keep a track of multiple safe exits. In the above chart, all 4 EMAs are now below the price mark. Moreover, the 20 & 50-day EMAs have successfully recorded a positive crossover.

The SEI price could retest its immediate resistance level of $0.2910 if the bulls maintain control. Additionally, increasing positive influence could result in it reclaiming its multi-month high of $0.370 soon. Conversely, a bearish reversal may result in it dropping toward its lower support levels of $0.22 or $0.1650 during the upcoming days.

Also Read: Circle Stock 750% Surge Sparks Debate on Stablecoin



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IOST price surges amid $21m raise to accelerate RWA growth
NFT Gaming

SEI price surges as Wyoming selects Sei Network for WYST stablecoin

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Sei price has spiked more than 13% in the past 24 hours amid news that the Wyoming Stable Token Commission has selected Sei “as a candidate blockchain” for the state’s upcoming stablecoin.

On June 19, as top coins led by Bitcoin (BTC) looked to rebound from the recent downturn, Sei (SEI) outpaced the top 100 cryptocurrencies by market cap. The SEI price jumped over 13% to hit an intraday high of $0.19, its highest level since June 12.

Why is SEI price up?

Sei Network’s native token appears to have surged following a key announcement from the blockchain project’s team.

Sei posted via X that the Wyoming Stable Token Commission had selected Sei as one of two candidate blockchains for the state’s fiat-backed stablecoin, WYST. 

Wyoming’s WYST is a fiat-backed stablecoin set to be deployed via LayerZero in July.

LayerZero Labs will be the issuance partner, with WYST issued via the interoperability protocol’s Omnichain Fungible Token standard.

The Wyoming state began testing the U.S. dollar-backed stablecoin in March, with testing across several blockchains. Apart from Sei, the other candidate blockchains, as indicated on the Commission’s WYST page are Aptos, Arbitrum, Avalanche, Base, Ethereum, Polygon, Optimism, Stellar, Solana, and Sui.

Sei Network is a layer-1 blockchain backed by Circle, Delphi Digital, Multicoin Capital, and Coinbase, among others.

Bullish sentiment around SEI surged following the Wyoming news, with daily trading volume up more than 91% to $175 million. Sei’s market capitalization climbed past $1 billion. The token reached its all-time high of $1.14 in March 2024.

Per data from DeFiLlama, the total value locked currently stands at $1.03 billion, while its stablecoin market cap sits at $213 million.



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Sei Development Foundation taps Jamie Finn as strategic advisor
Crypto Trends

Sei Development Foundation taps Jamie Finn as strategic advisor

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Sei Development Foundation has appointed Jamie Finn, a veteran fintech entrepreneur and co-founder of Securitize as a strategic advisor.

Sei Development Foundation, a non-profit focused on the development and adoption of Sei (SEI), announced the appointment on May 20, 2025.

“Jamie brings a rare combination of institutional credibility, deep technical insight, and hands-on experience building real-world asset platforms,” commented Justin Barlow, executive director at the Sei Development Foundation.

As Sei Development Foundation’s new advisor Finn’s key areas of collaboration will include the topic of strategic growth and adoption of real-world assets on the Sei blockchain network.

Finn’s expertise and experience will be crucial for Sei RWA approach, having been a key figure across blockchain technology, digital assets and finance sectors.

His role will also include exploring potential partnerships.

In a comment about the market, Jamie Finn said:

“Sei’s performance and developer-first approach make it a compelling platform for tokenized RWA strategies that are scalable, compliant, and institutional-grade. I’m excited to support the Sei Development Foundation in building the infrastructure needed to bridge capital, grow market access, and drive sustainable adoption of tokenized assets and beyond.”

The appointment of Jamie Finn comes a day after another major development related to Sei- the launch of Sei Giga.

On May 19, the Sei Labs team revealed the release of Sei Giga whitepaper as it looks to unveil the first multi-proposer Ethereum Virtual Machine layer 1 blockchain.The Sei mainnet went live in 2023, and its rapid growth includes the processing of billions of dollars worth of transactions.

The Giga update aims at bolstering Sei performance, bumping this metric by over 50x.

Sei’s native token traded in the red at the time of writing, down 0.3% on the day. The cryptocurrency’s price has dropped by more than 16% in the past week.



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Sei Labs releases whitepaper for Sei Giga targeting multiproposer EVM L1
NFT Gaming

Sei Labs releases whitepaper for Sei Giga targeting multiproposer EVM L1

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Sei Labs, the main contributor to the layer 1 blockchain Sei, has announced the release of the Sei Giga whitepaper that outlines the design of the industry’s first multi-proposer Ethereum Virtual Machine layer 1 blockchain.

Sei Giga is Sei (SEI) blockchain network’s new path towards becoming the first multi-proposer Ethereum Virtual Machine L1.

According to an announcement shared with crypto.news, the upgrade proposes a design of parallel blocks, powered by the Autobahn consensus protocol. It means Sei Giga brings a solution to network bottlenecks related to data availability, execution, and storage, among others.

The whitepaper release is the latest major development for Sei as the layer 1 blockchain continues its traction as one of the fastest-growing ecosystems in the market.

Sei has secured over $30 million from some of the leading venture capital firms in the crypto space, including Jump Crypto, Multicoin Capital, and Coinbase Ventures.

“Sei Giga is not just another EVM chain — it’s a reimagining of what’s possible for blockchain performance,” said Jay Jog, co-founder of Sei Labs. “By moving towards multi proposer consensus and rebuilding the execution environment from the ground up, we’re unlocking the scale and speed required for real-world, high-throughput applications — all while maintaining trust guarantees and ease of use of Ethereum.”

Analytics firm Nansen recently pointed out that Sei outpaced other chains as a gaming explosion helped active addresses rise. In the past 24 hours, the active address count has jumped 44%, with over 457k addresses. Daily transactions have also increased by 43% to over 1.03 million.

Sei Giga features include 5 gigagas throughput, 200k transactions per second, and sub-400 millisecond finality. Sei Giga introduces more than 50x throughput, 70x faster block production, and an execution efficiency of 40x.

EVM compatibility means support for Ethereum smart contracts, enabling seamless integration with ETH apps. Decentralized exchanges and trading apps can leverage the upgrade to bolster their user experience.



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