Sei Network’s native token, SEI, has experienced a huge price surge over the past few weeks, spiking 25% over the past week alone, rising from $0.3508 up to $0.4488 as of writing. This latest uptrend comes as the blockchain sees growing usage and adoption.
The SEI price first showed bullish momentum earlier in mid-December, jumping over 87% within days.
This price movement aligned with updates about new features being added to improve Sei’s functionality and interoperability.
The developments seek to expand Sei’s capabilities in the broader blockchain ecosystem.
Subsequently, by December 25, SEI reached $0.3928, representing an 8% gain that contributed to the token’s notable weekly returns.
Additionally, yesterday’s near 28% boost drove SEI to a new all-time high of $0.5378, capping off a period of immense value accretion for the SEI price.
Several key factors explain the increasing enthusiasm for SEI among investors lately.
Wake up this morning and see this
Total Transactions on @SeiNetwork Mainnet Crossed 1 Billion
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