Altcoin Sei leaps 47% following Wyoming stablecoin candidacy

Following the announcement of Sei’s candidacy for Wyoming’s stablecoin, its price jumped 46.5% to 0.2855 USD. Over the past week, SEI’s value has risen by 72%, reflecting increased investor confidence.

Analysts reveal that Sei has seen a 180% increase in daily active addresses, with overall transactions up 20%. This robust on-chain growth signals a strong ecosystem, positioning SEI competitively against other blockchains.