SEI Price Holds at $0.25 While TVL and User Growth Hit Record Highs

Data from DeFiLlama and Artemis show that the network’s infrastructure has scaled rapidly through 2025, even as the token’s valuation has moved in the opposite direction.

Sei Network (SEI) price has maintained stability near the $0.25 level amid accelerating growth in both Total Value Locked (TVL) and user adoption.

Analysts suggest that this divergence between market performance and on-chain growth metrics may become a focal point for investor attention in the coming weeks. Over the past 24 hours, SEI recorded a modest 3.83% increase, pushing the price toward $0.26.

Meanwhile, the network’s TVL has surpassed $624 million, and its active user base has reached over 266,000, signaling continued growth in real activity. As capital and users continue flowing into the ecosystem, traders and analysts are closely monitoring whether SEI’s price will begin to reflect the underlying expansion.

SEI Price Holds at $0.25 While TVL and User Growth Hit Record Highs

Sei Network’s TVL reached $624 million in July 2025, reflecting substantial growth from just $13 million in February 2024. According to data shared by analyst CryptoBullet, this expansion in TVL has occurred alongside a steep decline in SEI price—from $1 to $0.25—despite broader ecosystem development.

This shift in liquidity suggests that more users and developers are locking capital within Sei’s DeFi protocols, even as the token’s valuation remains compressed.

Source: CryptoBullet,X

The data reveals a consistent uptrend in TVL throughout the first half of 2025, with minimal drawdowns. This rise appears to correspond with new protocol deployments and increased participation from liquidity providers. Despite a decrease in market capitalization, Sei’s core infrastructure has attracted greater capital concentration, underscoring continued usage of the network’s smart contract environment.

User Growth Accelerates to 266,000 New Wallets

Additionally, Artemis data confirmed that the Sei Network has experienced over 266,000 new wallet creations in the past year, marking a 31,072% increase. Analyst Ryuzaki SEI emphasized this growth as a sign of expanding adoption, noting that the rise occurred even as SEI price remained range-bound near $0.25.

The user growth curve steepened notably in recent weeks, suggesting renewed onboarding activity amid expanding DeFi participation.

Source: Ryuzaki SEI, X

This surge in network addresses indicates broader interest in Sei’s functionality, including decentralized trading and application deployment. The platform’s capabilities and performance have drawn both developers and users to explore use cases beyond speculative trading.

While SEI price has remained relatively stable, the infrastructure metrics suggest that the network is entering a new phase of scale.

SEI Price Stable Amid Volume and Circulating Supply Increase

Between July 8 and July 9, SEI gained 3.83% to trade near $0.26, supported by steady accumulation. Intraday charts showed a push toward $0.2604 followed by a mild retracement and recovery, suggesting resilience around the $0.250 support level.

SEI price pattern reflects moderate bullish activity without excessive volatility, indicating that buyers are maintaining pressure without sharp sell-offs.

Source: BraveNewCoin

SEI’s market capitalization currently stands at $1.44 billion, with trading volume exceeding $91 million over the last 24 hours. The network’s circulating supply is above 5.55 billion tokens, providing ample liquidity to support ongoing exchange activity.

This combination of high volume, broad supply, and stable price action points to increased market participation and investor interest in the near term.

Analysts Point to Valuation Mismatch

CryptoBullet highlighted that in February 2024, the SEI price reached a $1 valuation with only $13 million TVL, compared to today’s $0.25 valuation with $624 million locked in. This contrast suggests a disconnect between price action and the network’s current usage levels. With market capitalization now lower despite a stronger ecosystem, analysts view the current setup as a possible undervaluation.

Ryuzaki SEI also noted that the rising user count does not yet appear priced into the token’s valuation. He stated that investors focused solely on price may be overlooking the foundational growth beneath the surface.

Both analysts agree that continued expansion in TVL and users could influence a shift in the market trend if current infrastructure trends persist. As the network builds deeper liquidity and onboarding, attention may turn toward whether SEI price begins aligning with its network fundamentals.