Sei DeFi TVL nears record highs, price surges 41% in strong market rally

SEI token saw a price surge of 40%, reaching 0.268 USD. The token’s trading volume spiked by 258% to 793 million USD. The significant uptake in decentralized applications highlights SEI’s growth and adoption.

The broader crypto market experienced a rally boosted by geopolitical developments. The total value locked on SEI reached 535 million USD, just below its record high, reflecting increased interest in its DeFi ecosystem.

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