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.
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.
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FAQs
Based on its strong on-chain growth, institutional adoption, and rising Total Value Locked (TVL), SEI has a strong long-term outlook. Its focus on speed and efficiency makes it a key player in the digital finance infrastructure.
While SEI has strong fundamentals, its price is currently facing short-term resistance and a supply overhang. The price action may be more favorable for mid-term traders, as the on-chain growth points to future appreciation.
Institutional interest in SEI, demonstrated by custody services from Crypto.com and ETF filings, builds market confidence. This support could lead to significant capital flowing into the ecosystem, potentially creating a “supply shock” and driving the price up.
