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SEI Network has seen its Total Value Locked (TVL) skyrocket from $60 million to over $626 million in under a year, defying its token price slump. Regulatory approval from Japan’s FSA and rising daily active users are boosting its credibility. Analysts highlight strong capital inflows and network expansion despite market challenges.
- SEI’s TVL surged from $60M to $700M in a year, defying its 78% token price drop.
- Japan’s FSA approval boosted SEI’s credibility, driving daily active addresses to a 2-year high.
- Proposal SIP-3 could make SEI fully EVM-compatible, potentially attracting more developers and users.
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