$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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Gibraltar Partners with Peter Thiel-backed Exchange Bullish to Create Crypto Regulatory Framework

Gibraltar has partnered with exchange Bullish and the GFSC to create the first regulations governing the clearing and settlement of crypto derivatives. The framework lets select tokens serve as collateral, mirrors EMIR and Dodd-Frank risk rules, and could guide policy elsewhere.
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