SEI Stablecoin Expansion and Increased Network Activity Drive Momentum
Stablecoin Supply Increase: SEI's stablecoin supply rose by over $7 million in two weeks, enhancing liquidity and trading conditions, with the total market value reaching approximately $85.54 million.
Surge in Transfer Volume: Stablecoin transfer volume on SEI skyrocketed 4.7 times within three days, indicating increased liquidity movement and faster trading activity across the network.
Institutional Visibility Growth: SEI gained broader institutional recognition through its inclusion in the Coinbase 50 index and partnerships, enhancing its presence in major market venues.
Market Engagement and Activity: The network's design supported a significant rise in transactional activity, attracting both institutional and retail participants, as evidenced by the largest 30-day rise in USDT on SEI.
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