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SEI Becomes #1 Gaming Chain With $600M TVL – Can Token Surge 20% to $0.35?

2025-07-01 15:17:56

SEI Becomes #1 Gaming Chain With $600M TVL – Can Token Surge 20% to $0.35?

Main Idea

SEI blockchain has become the leading chain in web3 gaming with $600M TVL and 8.8M connected wallets, but its token price remains 75% below its peak despite significant growth in DeFi activity.

Key Points

1. SEI blockchain leads web3 gaming with $469M in gaming transaction volumes over the past seven days and 8.8M connected wallets, a 74% increase from the previous month.

2. Total Value Locked (TVL) on Sei reached a new all-time high of $600M, a stark contrast to March 2024 when TVL was $30.72M and the token peaked at $1.14.

3. Despite a 2,000% growth in DeFi activity, the SEI token is trading at $0.2835, 75% below its peak value.

4. Daily transactions on Sei have tripled in the last three months, peaking at over 1.6M per day, and stablecoin supply has grown 23.24% to exceed $277M.

5. Technical analysis suggests a bullish breakout for SEI, with potential resistance at $0.35 and a target of $0.50 if the breakout is sustained.

Description

The Sei ( SEI ) blockchain has secured its position as the leading chain in web3 gaming, with gaming transaction volumes reaching $469 million over the past seven days across its network. Despite this impressive activity, the SEI token has remained relatively subdued. It is currently trading at $0.2835 and has gained a modest 1.28% in the last 24 hours. Source: Cryptonews However, the layer-1 blockchain’s expanding influence in both the gaming and DeFi sectors suggests that the current price may...

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Tags:
Altcoin News SEI Web3 gaming
$SEI
$0.2664
--4.52%
$SUI
$2.9284
--3.43%

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