I asked..../elfa why $SEI is going up? TL;DR: SEI is pumping due to record on-chain activity, big new investors, a major ecosystem upgrade, and being chosen for the first U.S. state stablecoin pilot. Here’s why SEI is going up right now: ⦁ Record On-Chain Activity & Massive Inflows: SEI just hit all-time highs in DEX and on-chain volumes, with $274M+ in DEX volume and $566M TVL. There’s also been a surge in bridged inflows and user activity, with SEI now ranked #2 EVM by active wallets. This points to real demand and new users coming in fast (source ( tweet ( ⦁ Whale & Institutional Attention: Big money is flowing in—Trump-affiliated World Liberty made a $1M investment, and Circle is reportedly holding more SEI than ETH, OP, or SUI. There’s also talk of a SEI ETF filing and strong staking rewards source: ⦁ Major Ecosystem Developments: The upcoming “Giga Upgrade” is expected to boost SEI’s EVM performance by 50x, attracting more developers and users. SEI also powers a third of Web3 gaming activity, and its NFT and meme coin sectors are getting renewed attention source: ⦁ Regulatory & Adoption Milestone: SEI was picked as the settlement layer for Wyoming’s official state stablecoin pilot, beating out Ethereum and Ripple. This gives SEI a huge credibility boost and opens up new use cases source: ⦁ Technical Breakout: SEI broke out of a major resistance level with a spike in trading volume and positive technical signals, which triggered more traders and algos to pile in source: ⦁ Market Sentiment: The broader crypto market is bouncing, but SEI is clearly the leader—up 40–50% in a week, outperforming all other top tokens. Social media is buzzing with “Sei Summer” memes and bullish sentiment tweet: In short: SEI’s rally is not just hype. It’s a combo of real network growth, big new players, technical momentum, and a major regulatory win. If you want the receipts, just check the on-chain stats and the headlines—SEI is everywhere right now. Let me know if you want a breakdown of specific metrics or more sources! Get actionable insights on @elfa_ai today