📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
Sei Network (SEI) TVL surged to 700 million USD! Compliance progress in the Japanese market draws follow.
Sei Network Lock-up Position Value (TVL) Rocket-style Surge The blockchain analysis platform DeFiLlama data shows that the TVL (Total Lock-up Value) of Sei Network has skyrocketed from a low of about 60 million USD in January 2024 to a recent peak of nearly 700 million USD (currently around 650 million USD). This means an astonishing nearly 10-fold growth in just six months!
In the current tight cryptocurrency market, such a significant increase in TVL is rare, far exceeding the single-digit or low double-digit (10-50%) increases of most competing chains during the same period. This surge marks the influx of a large amount of new capital and new users entering the Sei chain for asset staking and DeFi activities.
On-chain activities surge: User activity and smart contract calls heat up Cryptocurrency observer Kyledoops pointed out that the daily transaction volume and smart contract call counts on the Sei network are continuously rising. When sharing on-chain data, he stated: "More capital is flowing in, and on-chain activity has significantly increased." Some market observers added that the TVL growth of certain protocols in the Sei ecosystem ranges from 10% to 50%, with individual protocols even achieving more impressive growth. Against the backdrop of many DeFi projects struggling to grow, the active performance of the Sei ecosystem is particularly noteworthy.
Japan Financial Services Agency (JFSA) approval becomes a key catalyst, attracting the attention of institutional investors According to reports, the approval of Sei Network by the Japan Financial Services Agency (JFSA) is a significant positive development. This regulatory green light opens a compliance channel for its entry into one of the world's most strictly regulated cryptocurrency markets—the Japanese market. Data analytics firm Artemis Analytics observed that following the approval from JFSA, Sei's daily active address count rapidly climbed to a two-year high. There are signs that institutional investors in Tokyo are closely monitoring Sei's potential in trading and custody.
SEI Token Price Volatility: Testing Key Support Levels, Future Trend Predictions Under the favorable news of the stablecoin pilot program supported by the U.S. government announcement and the SIP-3 upgrade proposal (aimed at transitioning to a pure EVM chain) put forward by SEI Labs, the price of SEI tokens successfully doubled in June.
However, despite the recent increase, the current trading price of SEI is about $0.26, which is still approximately 78% lower than its historical peak in March 2024. Technical analysts point out that a key chart support level is forming around $0.25. If this support level is broken, the price of SEI may further drop to the $0.20 region, which will put pressure on holders who bought at high prices.
SEI Price Prediction: Short-term Volatility High, Greed Dominates According to the current market data model prediction, by August 8, 2025, the SEI price may correct by 25%, falling to around $0.19. Technical indicators show that the current market sentiment still leans towards "Bullish" and the cryptocurrency market's "Fear and Greed Index" is currently at a level of 66 (Greed).
In the past 30 days, SEI recorded 17 up days (57%), during which the price fluctuated by 19%**. This data indicates that while there may be sharp dips in the short term, potential buyers might view price declines as buy the dip opportunities. Investors need to closely monitor SEI price support levels and changes in market sentiment to make trading decisions.
Gate.io market shows that SEI is currently priced at $0.2636, with a slight increase of 1.26% in 24 hours.