The SEI ecosystem has achieved a major breakthrough. The latest version of the prospectus for the Staked SEI ETF has been submitted to regulatory authorities, and all feedback has been fully addressed. From DeFi infrastructure to a mainstream financial bridge, SEI is accelerating this transition. Development activity within the ecosystem is frequent, and ecological vitality continues to be released. Market data shows that SEI's current market capitalization is less than $1 billion. Considering its technological accumulation and ecosystem capacity in the Layer1 track, this valuation indeed leaves room for imagination. The promotion of ETF products is expected to attract new capital attention to SEI, especially from traditional investors.