币界网报道：SEI, the native token of the Sei blockchain, has demonstrated strong bullish momentum with gains exceeding 400% in recent weeks, according to market data. The token surged past $0.50, marking a new all-time high, as trading volumes and open interest in derivatives markets reached record levels. Analysts attribute this rally to growing adoption of the Sei network, which focuses on high-speed decentralized trading applications. Key developments include the launch of Sei V2, an upgrade introducing parallelized Ethereum Virtual Machine (EVM) support, significantly improving transaction throughput and interoperability. Major exchanges like Binance and OKX have expanded support for SEI, listing new perpetual contracts and trading pairs. Institutional interest appears to be rising, with several crypto funds reportedly accumulating SEI positions. The Sei Foundation's ecosystem fund has also been actively deploying capital to support developers building on the network. Market observers note that SEI's price action mirrors patterns seen in other layer 1 tokens during their breakout phases, though some caution about potential volatility given the rapid appreciation. The token's market capitalization has now entered the top 50 cryptocurrencies globally, with its fully diluted valuation approaching $5 billion. Technical analysts highlight that SEI has consistently found support at higher lows during its ascent, suggesting sustained buying pressure. Network metrics show daily active addresses on Sei have grown tenfold since December, while total value locked in decentralized applications on the chain has surpassed $50 million. The project's team indicates more partnerships and technical upgrades are planned for Q2 2024, which could further drive adoption.