SEI TVL Closes in on $1 Billion But Price Still Down 83% from 2024 Highs – When Will It Recover?

Sei ($SEI), the rapidly expanding layer-1 blockchain network, has delivered impressive performance with a 12.12% gain over the past 24 hours, climbing to become the 66th most valuable cryptocurrency and propelling it back above the coveted $1 billion market capitalization threshold while trading at $0.1880.