SEI's price has risen as the Apollo ACRED fund recognizes it as a tokenization hub, signaling increased institutional validation. The stablecoin market has also expanded, reaching a value of $276.8 million. USDC leads with $233.7 million, marking a 54% increase from the previous period, while PYUSD also shows significant growth. Decentralized exchange (DEX) trading volumes are approaching record highs, with technical analysis suggesting a target price range for SEI between $0.34 and $0.35, driven by institutional interest and fundamental demand.
SEI Price Boosted by Institutional Endorsement and Stablecoin Surge
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