币界网报道：Sei's native token SEI surged over 50% this week, outperforming all top-100 cryptocurrencies, driven by a "multifactor rally" according to analysts. B2BINPAY identified three key catalysts: Wyoming selecting SEI as the settlement layer for its dollar pilot program (scoring 30/30 on technical metrics), the v2 airdrop snapshot, and a 9% APY increase from core validators. The Wyoming Stable Token Commission shortlisted Sei Network alongside Aptos for its WYST stablecoin initiative - the first U.S. state-issued fiat-backed stablecoin built with LayerZero. On-chain data shows $3M+ inflows to CEXs with modest 9% perpetuals OI growth, indicating organic spot buying. Sei's TVL reached $540M (DeFiLlama) with DEX volumes hitting $60M weekly. Analysts caution that funding rates above +0.05% or disproportionate OI growth could signal excessive leverage, though current fundamentals suggest bullish momentum may continue through July.