SEI Network's Stablecoin TVL Hits $277.97M All-Time High

SEI Network has experienced significant growth across multiple key metrics, indicating a surge in investor interest and ecosystem strength. The network's stablecoin total value locked (TVL) reached a new all-time high of $277.97 million on July 1, driven by weeks of capital inflows following a period of consolidation and flattening in May and mid-June. This growth in stablecoin TVL reflects renewed confidence from large liquidity providers, with volume acceleration confirming accumulation as the price remained stable near the base. The upward slope in SEI's stablecoin TVL shows consistent demand without major retracements, signaling a strong foundational shift in investor sentiment.

In addition to the stablecoin growth, SEI Network is also preparing to launch WYST, the first U.S.-based stablecoin on the platform. This launch aligns with regulatory frameworks and has garnered attention from developers, institutions, and DeFi builders. The growing stablecoin depth on SEI strengthens its role in powering U.S.-compliant digital finance ecosystems.

SEI's trading setup on Binance shows a bullish structure, with the price currently at $0.2803, down 0.67% intraday but still within a confirmed bullish formation. The price recently completed a descending trendline reversal, bouncing twice near $0.2600 to validate demand. This structure mirrors SEI’s earlier June rally that triggered a fast surge from $0.17 to $0.33. Volume hit 1.73M during compression near $0.2760–$0.2830, supporting a squeeze breakout scenario. Fibonacci extensions point toward a breakout target of $0.3939. This potential $0.1100 upside would replicate June’s breakout magnitude within the same technical setup. Support remains firm around $0.2600, with buyers defending every retest with strong recovery candles. This base, paired with a bullish continuation pattern, keeps SEI’s upside intact if the price breaks past $0.3000. Momentum now leans toward validation of a vertical breakout leg.

SEI V2 recorded 2,469,861 active addresses, placing it inside the top five chains for user activity. Transaction count surged to 10,674,916 in the last 7-day window, up 6.7% from the previous period. SEI’s network fees totaled $58.98K, a 33% increase driven by protocol usage. While address growth sat at 1.4%, efficiency per user spiked with high transaction volume and minimal slippage. Compared to other chains, SEI maintained higher fee growth and consistent throughput. The network’s on-chain strength now supports broader DeFi expansion.

With stablecoin TVL at record highs and active users surging, SEI has entered a new growth cycle. Every metric—volume, address count, trading activity, and capital deployment—confirms rising conviction. If momentum holds, SEI could soon reshape the Layer 1 leaderboard heading into Q3 2025.