The SEI blockchain has reached 600 million USD in total value locked and reported a 2,000% increase in DeFi activity. With a 74% rise in connected wallets compared to last month, SEI leads in web3 gaming with over 100,000 active users across 14 applications.
Despite a current trading price of 0.2835 USD, significantly lower than its previous peak, SEI shows bullish momentum. Analysts anticipate potential growth, projecting a target price of 0.50 USD if resistance levels are breached, indicating significant upside potential.
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