SEI Token Surges 25% on Canary Capital ETF Staking Plan

By Michael FawnThe SEI token has witnessed a sharp 25% price surge in the last 24 hours, climbing to $0.06285. This significant uptick follows news surrounding Canary Capital’s amended S-1 filing for a proposed Staked SEI Exchange Traded Fund (ETF).The filing outlines a strategy to stake roughly 90% of the ETF’s SEI holdings, a move that could dramatically tighten the token’s liquid supply. This development has injected new momentum into SEI after weeks of trading below the $0.