Okay, looks like a part of the reason why SEI is up is because of the stablecoin narrative going hot lately. CRCL, which is up 300% in the last 3 weeks, and almost 10x from IPO, is one of the biggest investors in SEI. Circle holds more SEI tokens than any other token on its balance sheet, according to its IPO filing (see the screenshot in the tweet below). Stablecoin issuers are starting to recognize the value of payments infrastructure like Sei. I wrote more about this here: https://x.com/Route2FI/status/1924521875155095826