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SEI Network Surges as TVL Hits Record High, Outpacing Competitors

The Sei Network is making headlines this week as it breaks new ground in the decentralized finance (DeFi) arena. In a sign of warm investor sentiments and institutional acceptance, the blockchain’s total value locked (TVL) has hit an all-time peak of $1.15 billion—a breathtaking 56.51% rise in just 30 days. No other DeFi platform comes close to that speed. Recently, only the Ethereum network was mentioned as having surpassed $1 billion in TVL. $SEI ecosystem EXPLODING! TVL just hit ATH of $1.15B with +56.51% growth in 1 month, that`s institutional money pouring into the fastest blockchain for trading! With $21.6M in daily DEX volume and parallel execution capabilities, @SeiNetwork is positioning as the go-to chain… https://t.co/ZAsHr5l1yg pic.twitter.com/cwE7I24PaA — CryptoBusy (@CryptoBusy) May 23, 2025 Institutional Interest Driving TVL and Volume Surge The really strong gain in TVL for Sei Network is drawing close attention from both retail and institutional investors. An exceptional monthly growth rate of 56% makes it strongly suggestive that substantial capital—most probably from institutional players—has been flowing into the ecosystem. This level of investment may be seen as not only a very strong vote of confidence in Sei’s technological prowess but also a signaling that its potential as a high-performance infrastructure for decentralized trading is being seriously recognized. The Sei Network has serious ambition. It wants to be an alternative to Ethereum, and it has gotten the attention of well-known crypto backers to prove it. Volume is only a guess, but at $21.6 million per day, the Sei Network is inching closer to where some of those decentralized exchanges hanging on to DeFi really start to matter. In second place, the Sei Network is almost half of what the Uniswap DEX is doing on Ethereum. If Sei keeps this up for any stretch, a much larger crypto scene than the one we have now is going to have to take it seriously. Explosive User Growth Signals Increasing Adoption The Sei Network is not only amassing a staggering amount of capital lately; it is also rapidly swelling with users. In just the past week, 802,700 more unique addresses have been created in the platform’s second version, bringing the total count to a dizzying 1,682,700. That’s some serious velocity, and it puts the user attainment by this layer-1 blockchain far ahead of other EVM-compatible chains you can think of. For contrast: Viction (@BuildOnViction) increased by 20%, now at 88,000 addresses. Chiliz (@Chiliz) reached 3,300 addresses for a 13% uptick. Polygon (@0xPolygon) enjoyed a 12% rise to 2.22 million addresses. Ethereum, the original smart contract platform, saw comparatively modest growth of 7.7%. EVM chains growth leaders by active address change the last 7d: @SeiNetwork v2: +101% (1.68M addresses) @BuildOnViction : +20% (88K addresses) @Chiliz : +13% (3.3K addresses) @0xPolygon : +12% (2.22M addresses) @ethereum growing slower than all major competitors at just +7.7%.… pic.twitter.com/tx8cTU2HwM — Nansen (@nansen_ai) May 22, 2025 The data indicate that Sei is swiftly establishing itself as a favored blockchain among both novice and veteran users in the decentralized finance (DeFi) arena. This intensity of activity is frequently a forerunner to upward price shifts in a project’s native token, as the user base tends to expand and on-chain activity grows. Demand often translates into higher prices. Positioning as the Go-To Chain for DeFi Trading Sei Network stands out in the world of decentralized finance due to its unique sales model. Where many EVM-based blockchains are built to perform sequential transaction processing, Sei executes transactions in parallel. This makes it a lot faster and less congested—ideal conditions for the sorts of high-demand, high-frequency trading apps that today’s DeFi users want. Decentralized finance, or DeFi, is constantly advancing. And when it comes to trading and developing in DeFi, speed and scalability are must-have features. That’s why Sei has chosen a distinctively DeFi approach to its user experience; it has built an incomparably fast, virtually lagless system for trading, all while maintaining a staggeringly high level of security. The DeFi landscape is intensifying, but Sei Network has found its niche—something that feels increasingly important to us as we watch several new direct competitors enter the space. Sei optimized for something we think is foundational to DeFi and something few projects are focusing on: speed, cost-efficiency, and user scalability. It has an exciting growth trajectory, to say the least. Looking Ahead As the crypto market bounces back and moves toward base-layer blockchains that can deliver performance, Sei Network would seem to be one of the best-positioned protocols to capture the ensuing growth. With its combination of fundamental strengths (growing trading volume, user base, and total value locked), Sei Network appears to be one of the rising protocols in the rapidly reconstituting crypto market. Although the market is always volatile in the short term, the indicators underlying Sei suggest it is more than a passing fancy. If the current trend holds, it could soon become the go-to chain for power users of DeFi and trading platforms of an almost institutional grade. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Decrypt

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Bitcoin Faces Pivotal Test at $110K After Peaking at $111.9K: Rally Pause or Start of a Pullback?

This week saw Bitcoin’s stunning surge carry on, with the cryptocurrency for a moment nudging up to—and almost touching—$111,900 on several of the major exchanges before, uh, it kind of didn’t and came back down to earth, looking somewhat dazed and triggering what some are calling a fresh sell signal. Overall, the digital asset still seems to be in a bullish uptrend, but there are now some signs that it’s getting tired. Traders are closely watching key support levels to see whether this is a standard sort of retest or the beginning of a larger correction. The market finds itself in a critical situation, where pricing, liquidation, and investor sentiment are all doing their part to create an increasingly tense short-term outlook. Bitcoin Rally Pauses After $5K Surge: A Sell Signal Emerges The latest leg upward for Bitcoin started at about $106,300, where a buy alert lighted a fire under the rally that tacked on more than $5,000 to its price. That uptrend finished in a surge to $111,950, making for a new local high. But not long after reaching that point did a sell alert get triggered, suggesting that the buyers may have been running on fumes and that the rally was losing upward momentum. As this is being penned, Bitcoin trades at about $110,402 on the BTC/USDT pair offered by Binance. The SuperTrend indicator is still green. However, it now sits at a make-or-break level that could swing in the opposite direction if downward pressure on the price continues. On May 22 (ET), spot Bitcoin ETFs saw a total net inflow of $935 million, marking seven consecutive days of net inflows. Spot Ethereum ETFs recorded a total net inflow of $111 million, with five consecutive days of net inflows. https://t.co/ueXcZjub6m — Wu Blockchain (@WuBlockchain) May 23, 2025 This hesitation comes in the face of heightened activity from sellers, who are starting to probe the recent structural bullishness. Despite the long-term uptrend being quite intact, the rejection at $111.9K signals that the bulls may be contending with either profit-taking from previous longs or some kind of institutional rebalancing. Liquidation Zones Signal Key Pressure Points Analyzing liquidation data also provides better insight into how the market might be moving. When looking at the resistance side, there’s a very clear short liquidation zone from about $111,800 to $112,300. Not only is this area a little thin in terms of order book depth, but it’s also effectively the last line of defense for all those fortunate enough to have opened short positions recently. If the buyers truly are stepping up, then a move through this zone could very well trigger a short squeeze and push Bitcoin beyond the $112,500 mark, which many analysts see as a potential breakout level. Support areas are now taking center stage. The next long liquidation cluster is at about $110,000 to $109,200. If this area holds and doesn’t get pushed through to the downside, it might very well set the stage for a next bullish push and reinforce the kind of confidence you need for breakouts and pushes to the next higher high. Beneath that, the territory between $108,000 and $106,300 marks the original base of the current upswing. It also serves as a supply zone, where above it, buyers step in with more confidence. If prices tumble below this range, it’s highly probable that we’d see a serious trend breakdown, with this area serving as a tipping point—and not a very good one at that, given how close it is to current price levels. Bitcoin just tapped $111.9K before stalling, and a fresh sell signal has now emerged at the top. Is this a standard retest of support or the first crack in bullish momentum? SuperTrend remains green, but sellers are probing. Full liquidation and trend breakdown below … https://t.co/MpjTUzsPcR pic.twitter.com/JnEFRyb7BU — IT Tech (@IT_Tech_PL) May 23, 2025 The $109,200 level could see serious volume profile action and market reaction. A strong bounce there could reset bullish sentiment in the crypto market. But a breakdown might induce overleverage long liquidations to cascade downward. Sentiment Still Positive, But Cracks Are Forming Even in the face of short-term ambiguity, the general outlook stays relatively positive. On May 22, spot Bitcoin ETFs took in a net of $935 million—an amount that marked the seventh straight day of positive inflows. That brings the total net inflow for Bitcoin ETFs in 2023 to more than $1.5 billion. Notably, this institutional demand has largely sidestepped the kind of pronounced sell-offs that have characterized previous bear markets. Yet, how markets feel about an asset can change in the blink of an eye. The recent rejection of Bitcoin’s price at $111,900 may turn out to be just a small, local dip on the way up, but some analysts are interpreting it as a sign of market exhaustion, at least in the short term. They’re saying that if the $110K level can’t hold as a support level, then the next likely prices in play for a retracement are $108,000 or $106,000—both of which got significant play from bulls late last year and early this year. To sum up, Bitcoin’s uptrend remains in place, but the market is entering a precarious phase. As long as it maintains a price higher than $110,000, a retest of $112,000 and perhaps even loftier levels remain within striking distance. But if sellers can force the price down to $109,000 or below, a more significant correction seems likely to follow. Like any otherwise in volatile markets, everything remains concentrated on volume, liquidation activity, and structural support to divine the next move in Bitcoin’s by-now-familiar saga. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Decrypt