The Sei Network experienced significant growth last week, with its total value locked (TVL) increasing by 44.6% to surpass $610 million, while the price of $SEI surged over 50%. Despite this, the overall market saw reduced volatility, with both spot and perpetual trading volumes on decentralized exchanges (DEXs) dropping sharply. DEX spot trading volume fell 12.22% to $85.91 billion, with PancakeSwap and Uniswap experiencing declines, while Raydium saw a slight increase. Perpetual trading volumes also decreased by 28.82% to $73.58 billion. In the stablecoin market, the total market cap rose by $1.951 billion, driven by increases on the Tron and Ethereum networks. Additionally, 20 listed companies announced the purchase of 14,183 BTC, valued at $1.53 billion, with Strategy and ProCap BTC making significant acquisitions.