The Sei ecosystem continues to heat up, with the coin price reaching a six-month high.

Recently, the Sei ecosystem has shown strong growth momentum, with its token SEI price hitting a new high in nearly half a year, and the activity level and capital inflow of the ecosystem also performing impressively. Behind this trend is Sei's continuous advancement in various aspects such as technological upgrades, ecosystem construction, and strategies in the American market.

According to data platforms, the price of SEI has risen to $0.347, with a 30-day increase of 97%, and the total market value once surpassed $2 billion. It is worth noting that SEI will unlock approximately 55.56 million tokens at 20:00 on July 15, accounting for 1% of the current circulation, valued at about $18 million.

Multiple key indicators of the Sei ecosystem have also shown explosive growth. Official data shows that since the launch of the Sei V2 version one year ago, daily trading volume has increased by 3600%, and TVL has grown by 790%. As of July 15, the number of daily active addresses on Sei V2 has exceeded 886,000, with an increase of nearly 74.1% in the past 30 days; the daily transaction count reached 1.919 million, with an approximate growth of 202.05% in the past three months.

However, the growth of the Sei ecosystem mainly relies on leading game projects such as Nika Labs, Dragon Slither, and World of Dypians, which contribute over 89% of active addresses and 85.9% of transaction counts. This structural singularity may pose challenges to the sustainable development of the ecosystem.

In terms of capital inflow, Sei has performed strongly. In the past 30 days, its cross-chain bridge net inflow reached $59.84 million, ranking third among all public chains. The total value locked (TVL) has reached $650 million, increasing by about 30.72% over the past 30 days. However, the TVL is highly concentrated, with Yei Finance alone accounting for more than half of the share.

Sei is accelerating its layout in the US market. In April this year, the Sei Foundation announced the establishment of the nonprofit organization Sei Development Foundation in the United States, marking its official entry into the US market. In addition, Sei has established on-chain interaction with Trump's crypto project WLFI, which has cumulatively purchased 5,983,000 SEI tokens. Sei Network has also been selected by the Wyoming Stable Token Commission as a candidate blockchain for WYST.

On the technical front, the SIP-3 proposal put forward by Sei Labs has garnered widespread attention. This proposal aims to simplify the original architecture into a pure EVM model to enhance the developer experience and support the network's goal of processing over 100,000 transactions per second.

In addition, a financial institution has launched ETP products related to SEI, and a certain capital has submitted an application to the regulatory authorities, intending to launch the first SEI-based ETF in the United States. These developments indicate that Sei may gain recognition and liquidity support from traditional capital markets.

Although Sei is currently in a phase of rapid expansion, its ecosystem still heavily relies on leading projects, with application types relatively concentrated in the gaming sector. To achieve long-term sustainable growth, Sei needs to further diversify application types, improve user retention rates, and build a richer ecological foundation.