SEI Network Secures Multiple Wins, Emerges A Top Gainer

The past week has been quite interesting for the Sei network which achieved several key milestones. Its strong network activity also yielded significant upside for the SEI cryptocurrency.

But before exploring the SEI price action, here’s a look at some of the noteworthy metrics that revealed the state of the network.

Data from DeFiLlama revealed that the Sei network just experienced its best week in terms of DEX volume.

DEX volume since Sunday clocked in above $381 million. The week also yielded its highest daily volume at $94.27 million on Tuesday.

The performance also cemented June 2025 as the network’s best month so far in terms of DEX volume. Meanwhile, stablecoin growth was back on a positive trajectory, peaking at $261 million during the same week.

While TVL did not surge to a new high, it got quite close to its historic top above $267 million which it achieved in May.

SEI TVL Soars Above $500 Million for the First Time in History

The amount of value locked within the SEI network also registered a key milestone during the same week.

It crossed above $500 million for the first time in history on 24 June and pushed above $589 million as of 28 June.

For reference, the TVL jumped from as low as $422 million during the same week. This highlighted the aggressive surge that occurred during the week.

Sei network also experienced a surge in app revenue in June. Its performance on 24 June was noteworthy because app revenue surged past $100,000 for the first time in history. Chain fees also registered the largest spike on the same day.

SEI network’s impressive network metrics confirmed that the network has been experiencing aggressive growth.

Not only that but the spike in total value locked meant that token holders were confident and focused on long term growth.

In other words, Sei’s performance metrics confirmed that it has earned its place as one of the best performing networks in June.

But, this growth was not just limited to the Sei ecosystem. It also reflected on the SEI cryptocurrency.

SEI Coin Joins List of Weekly Top Earners

SEI crypto just experienced its most bullish week in months. The cryptocurrency rallied by about 69% from its lowest to highest price point during the week.

The cryptocurrency was up by roughly 46% at its $0.28 press time price tag after a bit of a pullback.

It held the 50th spot by marketcap and was effectively the top gainer in the last 7 days among the top 50 coins.

The recovery last week was so intense that SEI price action was briefly oversold. But can the cryptocurrency sustain its bullish momentum?

Well, the recent performance certainly thrust SEI into the spotlight. However, the bullish momentum appeared to cool down in the second half of the week. There was also some profit-taking which may have slowed down the bulls.

Nevertheless, the coin still retained a significant chunk of its gains in the first half of the week. Moreover, the fact that this rally was also backed by healthy network activity could signal good times ahead for the cryptocurrency.

Price also appeared to be forming a cup and handle pattern that has been playing out since November last year.

If this remains to be true, then SEI might be in the early stages of forming the second half of its pattern after bottoming out.

If the pattern continues to play out, then it is possible that SEI could maintain an overall upward trajectory in the next few months.

A potential pattern top is to be expected above the $0.72 price point, which would be more than a 150% gain from its press time level.