Sei, a layer-1 blockchain for high-frequency crypto trading, experienced a significant price increase of over 23% within 24 hours, as other top altcoins also rallied alongside Bitcoin. Sei's native token, SEI, rose from $0.26 to $0.35 on major exchanges, with a trading volume surge of 159% to over $270 million and a market cap of $1.1 billion. SEI ranked second among the biggest gainers in the top 100 coins by market cap, only behind Popcat (POPCAT), which saw a 33% increase in 24 hours. Other coins such as Bittensor (TAO) and Sui (SUI) also had double-digit gains. This price surge coincided with the US Federal Reserve cutting interest rates and BlackRock, the world's largest asset manager, releasing a whitepaper on Bitcoin, suggesting its potential as a top portfolio asset and diversification tool. Bitcoin itself reached intraday highs of $63,236 across major exchanges.



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