SEI Surprises the Entire Market with an Incredible 42% Rise in One Day. What is happening?

TL;DR SEI jumped over 42% in the last 24 hours, trading at $0. 2788 with a market cap of $1. 54 billion. Its DeFi total value locked (TVL) soared by 26% to $535 million, nearing its record high. This surge came alongside a broader market rebound fueled by macro developments, strong on-chain growth, and increasing futures interest. . . . source: https://crypto-economy.com/sei-surprises-the-entire-market-with-an-incredible-42-rise-in-one-day-what-is-happening/