Sei Network, a platform that optimizes the development of DAPPs on blockchain layer 1 for Defi and trade applications, records in the market because it was selected as one of the pilot blockchain of the Wyoming Stable token (Wyst). Under the management of the Wyoming Stable Token Commission, the Wyst project would issue the Inaugural StaBlecoin in the US. Sei was selected together with APTOS to participate in the last test phase and defeated a series of other global networks, such as Avalanche, XRP Ledger, built by Ripple, Sui, Algorand and Base.
👏 World of Dypians has seen considerable transaction growth, which continues the positive network momentum for @Seinetwork.
I like to see WOD nourish so much strong Defi protocols. Gamefi is here to stay – and soon everyone will realize it!🔗 https://t.co/iuuxnjh0i5 pic.twitter.com/61cdLF5AS2
– mbmn.wod (@m_bmn_) 21 June 2025
This identification has improved the status of SEI within the broader digital assets sector. The Wyst Stablecoin will be protected via the Layerzero technology to process cross-chain messages and be 1: 1-back to the US dollar. Blockchain selection criteria consisted of uptime, security, user base and infrastructure performance; The areas that Sei showed high competence levels.
Technical indicators prefer price hypersalvation in the short term
The Sei -Token has again gained strength after falling to $ 0.27 in May. After the strout of the support of $ 0.15, it was also actively rising to Intraday Highs above $ 0.21, which means that his status is returned to the 50-day exponential advancing average (EMA). Relative strength index (RSI) has shifted to Overboughtes and reinforces the bullish indicators in the short term.
Nevertheless, the 100-day EMA, where it is close to the prices of $ 0.21, is an essential obstacle. A breakdown can lead to consolidation or short -term corrections. The important areas to view are the support of $ 0.20 offered by the 50-day EMA and the demand area of $ 0.18 that has recently been tested this month.
Strategic investments and rise in use result in ecosystem growth
Sei Network stays on the Radar of Defi and Gamefi. The World of Dypians project recently saw enormous activities on the chain, which is part of Sei’s network involvement. There has been an increase in TVL, supported by incentives for setting and ecosystem.
Additional acceptance is driven by the projects and development financed by the SEI Foundation; Projects at an early stage and an AI and Defi grant fund of 1 million dollars. Due to non -repellent performance improvement and project financing, SEI is on the rise as a competitive layer 1 blockchain to position itself in emerging digital economies.