SEI Surges 25% as Canary’s 90% Staking Plan Tightens Supply
Key Highlights Sei ($SEI) surged 25.93% to $0.06285 after decisively breaking the $0.052 resistance level, accompanied by a 289% spike in daily trading volume to $203.44 million. Canary Capital’s amended S-1 filing proposes staking approximately 90% of the ETF’s $SEI holdings, a structure that could significantly reduce circulating supply given that 42% of tokens are ...