$SEI is trading at $0.1869, with a 24-hour volume of $170.3 million and a market cap of $1.03 billion, up 12.08% on the day. This breakout was ignited by $SEI’s surprise listing on Kraken, which unlocked fresh fiat and USDT liquidity; turbo-charged by the launch of its “SeiBridge” cross-chain hub on Cosmos, immediately driving a 45% jump in on-chain transfers; further buoyed by the activation of its clustered orderbook upgrade v1.2—slashing gas costs by 30% and spurring a 38% uptick in DEX trading; and cemented by renewed whale accumulation withdrawing large $SEI stakes from exchanges, which has tightened circulating supply and drawn momentum traders back into the token.