Sei is trading around $0.068 to $0.069, up roughly 0.73% over the last 24 hours according to live data on CoinMarketCap. $SEI

Key News and Updates Today

Staked SEI ETF Filings: Momentum is building around institutional exchange-traded fund (ETF) applications. Canary Capital updated its filing naming BitGo as custodian to target 90% staked holdings, while REX Shares and Osprey Funds set an effective target date of October 23, 2026 for their spot staked SEI ETF.

Tokenized U.S. Stocks: Dinari partnered with the network to bring over 700 U.S. equities—including S&P 500 stocks—directly onto the Sei blockchain.

Network Speed Milestones: Recent lab benchmarks for the upcoming Giga consensus ("Hermes Upgrade") demonstrated speeds reaching 100,000 transactions per second (TPS) with 68ms finality.

Market Snapshot

Price: ~$0.0684 – $0.069 USD
Market Capitalization: ~$505.37 million
24-Hour Market Driver: The slight upward movement is largely sentiment-driven by positive ETF progress, remaining resilient even as Bitcoin experiences minor pullbacks
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