SEI Price Eyes Mid-Term Breakout as Fundamentals Strengthen

Share This Post

Sei Price Breaks Out with 40% Surge, Here's What to Expect Next!

The post SEI Price Eyes Mid-Term Breakout as Fundamentals Strengthen appeared first on Coinpedia Fintech News

The traders who once feared bearish drawdowns in SEI price action are now attracted by its recent price action formation. The SEI price is now once again in the spotlight with sentiment tilting on a bullish note as the network shows remarkable on-chain strength despite a capped price range. While it continues to trade around the $0.30 level, the rising adoption, institutional activity, and network upgrades are positioning SEI for a potential supply squeeze.

SEI Price Today: Heavy Resistance, Strong Fundamentals

At present, SEI price USD is hovering just below $0.30 after repeated rejections at that level. Short-term sentiment looks heavy, with supply overhang and cautious traders weighing down momentum. 

However, the broader fundamentals of the SEI Network crypto suggest that market participants may be underestimating its potential.

SEI Price Eyes Mid-Term Breakout as Fundamentals Strengthen

The SEI Network price chart highlights this divergence clearly, and price action remains subdued even as on-chain metrics point toward expansion. The price hints at benefiting mid-term based swing traders instead of intraday or short-term traders.

On-Chain Growth Fuels Long-Term Case

An expert revealed that the Sei has witnessed a surge in ecosystem activity, with Total Value Locked (TVL) reaching an all-time high of $680 million. Daily active accounts have tripled to 800,000, while transaction volume surged to 1.8 million per day. The onchain data are all advancing higher.

Similarly,the stablecoin inflows further underscore adoption, with SEI crypto now supporting a $300 million market cap in stablecoins and facilitating $5.5 billion in daily settlement volume across assets like USDC, PayPal’s PYUSD, and fastUSD. These metrics indicate that SEI is steadily embedding itself into the digital finance infrastructure.

Institutional Traction Builds Confidence

Institutional support for SEI Network crypto is also becoming evident. Custody services through Crypto.com, ETF filings from 21Shares and Canary Capital, and even Wyoming’s state-backed blockchain pilot highlight the growing confidence in SEI’s infrastructure.

These initiatives could route traditional finance allocations directly into Sei staking, potentially tightening circulating supply further and creating conditions for a “supply shock” in the future.

SEI Price Prediction: Key Levels Ahead

From a technical perspective, the SEI price forecast is at a pivotal stage. If the token can reclaim the $0.35 level as support, momentum could build toward $0.90 in the mid-term. Conversely, failing to defend current support could extend consolidation before another attempt at a breakout.

At a current market cap of nearly $1.8 billion, SEI is still much smaller than peers such as Sui at $12 billion or Solana at $115 billion. This valuation discrepancy, coupled with the increased adoption, provides further basis for a mid-term bullish case.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Ethereum Rewards Keep Rolling In As SharpLink Posts Fresh Staking Gains

Many major companies continue to lock in on Ethereum, the second-largest digital asset, despite the ongoing volatile action of the altcoin’s price One of the methods currently adopted by these

Bitcoin Roars Back To $94K — Traders Rush In As FOMO Explodes: Data

Bitcoin climbed to a three-week high on Tuesday before slipping back, a move that has traders and analysts watching closely Related Reading: NFT Slump Worsens With Monthly Sales Hitting Rock Bottom

Strategy Formally Urges MSCI to Keep Digital Asset Treasury Companies on Global Indexes

Bitcoin Magazine Strategy Formally Urges MSCI to Keep Digital Asset Treasury Companies on Global Indexes Strategy released a letter to MSCI arguing that their proposed digital asset threshold is

Europeans Tap Crypto for Groceries, Cafes and Bills, WhiteBIT Report Finds

A new dataset from WhiteBIT Nova offers a revealing look at how Europeans are quietly turning crypto into an everyday spending tool rather than a speculative side hobby WhiteBIT Study Finds Europeans

PNC Bank just launched direct Bitcoin trading, but one specific restriction effectively holds your digital assets hostage

PNC Bank, a US banking giant with more than $569 billion in assets under management (AUM), has embedded spot Bitcoin trading into its private banking platform, marking a distinct pivot in the

Here’s Why Strategy’s $1 Billion Bitcoin Purchase Did Not Trigger A Price Rally

When Strategy disclosed its acquisition of more than 10,000 Bitcoin worth $1 billion, market watchers anticipated an immediate rally Instead, Bitcoin’s price barely moved The muted response was not