$SEI Dips 5% But DeFi Growth Soars: Is This Layer-1 Gem Being Overlooked?

$SEI has fallen 5% over the past day but has extended its monthly advance to 42%. Network TVL has surged 73% since Q1 to cross $500m, stablecoin value has set a record, and a proposed spot ETF has boosted institutional visibility, prompting debate over whether the token remains undervalued.
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Crypto Bills Vetoed in Arizona; Bitcoin ATMs Hit $2K Cap – Here’s the Risk

Arizona Governor Katie Hobbs has vetoed SB 1373 and SB 1024—Crypto Bills directing state funds and payments into volatile assets—while approving HB 2749 to seed a Bitcoin reserve with unclaimed crypto and signing HB 2387, tightening fraud limits on Bitcoin ATMs.
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