Sei received a major boost when the Wyoming Stable Token Commission announced her as a finalist for its innovative WYST stablecoin pilot, the first state-backed initiative of its kind in the United States.
The last week of June was marked by an announcement that captured the attention of the entire crypto ecosystem: the Wyoming Stablecoin Commission (United States) revealed the selection of the Sei and Aptos blockchain networks as the two final candidates for its long-awaited state stablecoin pilot.
This news not only means greater institutional adoption of blockchain technology, but has also generated an immediate impact on the crypto market. The SEI cryptocurrency, native to the Sei Network, has seen a significant surge since the announcement, surpassing the 50% growth in the last month and reaching a value of $0,32 dollars, which had not been seen since the end of January.
BUY SEI EASILY AND QUICKLY HERELikewise, the trading volume of this cryptocurrency also skyrocketed, surpassing $370 million per day, although it now stands at around $280 million per day. Sei's market capitalization surpassed $1.600 billion, a figure that demonstrates investor and community confidence in the network's potential. SEI now ranks as the 69th most important cryptocurrency in the world.
Source: CoinGecko
The positive market reaction to Wyoming's announcements underscores the growing institutional interest and relevance of Sei as an infrastructure for state-owned stablecoin projects in the United States.
For its part, Aptos also had a positive reaction to its selection as a possible infrastructure for the state stablecoin, although to a lesser extent than SEI, briefly surpassing $5 per token.
Sei Network: Speed and Scalability Driving DeFi in 2025
Sei is a Layer 1 blockchain designed to deliver high speed, scalability, and interoperability—critical features for decentralized applications in industries such as finance and Web3 gaming.
Its technology allows transactions to be confirmed in less than half a second, thanks to innovations such as Twin Turbo consensus and optimistic parallel execution, which differentiate it from more traditional blockchains like Ethereum. Furthermore, Sei is compatible with the Ethereum Virtual Machine (EVM), making it easier to migrate and develop existing applications.
Sei's utility is reflected in its growing DeFi ecosystem, with more than 500 active projects and platforms Such as SeiSwap, which handles daily volumes of several million dollars, and SeiLend, which offers decentralized loans with attractive yields. These advances not only drive financial innovation but also demonstrate that blockchain technology can be a powerful tool for improving products and services.
Institutional support and growing adoption, coupled with technical improvements like Sei Giga, position Sei as a key player in the evolution of decentralized finance and Web3 in 2025 and beyond.
OPERATE SAFELY WITH SEI NETWORKStrong growth in Sei's TVL at the end of June
Total Value Locked (TVL) on the Sei network has seen significant growth during the last week of June, driven by renewed institutional interest and market confidence.
According to data from DeFi Llama, Sei's DeFi TVL has increased by 16,9% over the past 7 days, while monthly growth is over 25%. At the time of writing, Sei network TVL reaches over $600 million, setting an all-time recordThis rally coincides with the SEI token's bullish trend and reflects increased activity in decentralized finance protocols within the SEI ecosystem.
Source: DeFi Llama
But the rising TVL is not only an indicator of the network's robustness, but also of the migration of liquidity and users to Sei, who benefit from its low fees and high processing speed. The growth in TVL is a clear sign that Sei is consolidating its position as one of the most attractive blockchains for developers and DeFi projects, especially following the institutional support received from the state of Wyoming.
A leading network in the Web3 gaming sector
Sei has established itself as one of the preferred blockchains for Web3 video game development, thanks to its ultra-fast transaction processing and compatibility with other chains in the Cosmos ecosystem. Its infrastructure allows developers to create games with fluid user experiences, without the bottlenecks that often plague other, more congested networks.
Sei's popularity in the gaming sector is reflected in the increase in active addresses and the number of daily transactions, which surpassed 1,5 million in the last 24 hours following Wyoming's announcement. Furthermore, Sei's interoperability facilitates the integration of virtual assets and economies across different platforms, boosting innovation in the decentralized gaming sector and attracting studios and developers seeking scalability and low fees.
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Sei and Aptos, key players in the future of stablecoins in Wyoming
The Wyoming Stable Token Commission's decision to select Sei and Aptos as finalists for the WYST stablecoin pilot was based on rigorous network testing and technical criteria such as performance, the to maximise security and your enjoyment., the Scalability, activity time and sturdiness of the infrastructure.
Sei scored 30 points in the technical evaluation, surpassing established blockchains such as Avalanche, Ethereum, and Algorand, and trailing only Aptos, which had the highest score.
Among the determining factors for the selection are Sei's ability to process a high volume of transactions per second, its competitive fees, and its rapid transaction completion, all crucial aspects for the operation of a state stablecoin.
Furthermore, the interoperability provided by LayerZero, which enables integration between different blockchains, was a key element in ensuring the security and efficiency of the WYST pilot.
Wyoming's vision is to leverage these characteristics to generate state revenue and promote financial innovation, laying the groundwork for the adoption of reserve-backed stablecoins in U.S. Treasury bonds.
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