SEI ($ SEI), the layer 1 Blockchain network in rapid expansion, has provided impressive performance today in globally dull market conditions in the last periods.
The token, negotiating at $ 0.1880 at the time of the press, climbed to become the 66th most precious cryptocurrency after posting a gain of 12.12% in the past 24 hours. This gain propels it above the coveted threshold of $ 1 billion in market capitalization.
However, many crypto traders and blockchain enthusiasts think that the development of the SEI network and price performance remains disconnected.
The sei paradox: 3x larger than tonne but exchange 7x cheaper
The total locked value (TVL) through the SEI ecosystem exceeded $ 500 million, which makes it three times larger than the blockchain tonne in locked capital.
Despite this metric, SEI maintains an evaluation of $ 1 billion while Toncoin commands $ 7.2 billion.
Regarding the adoption of Stablescoin, the network accommodates more than $ 215 million in stablecoin emission, $ 60 million more than Cronos, which is negotiated to the evaluation of the Double SEI market.
SEI has recently been recognized as a fastest EVM compatible blockchain in the world, reaching 5 gigahertz per second and dealing around 200,000 transactions per second (TPS). This performance has attracted many developers of the web2 scale to rely on the platform.
The fastest EVM blockchain in the world
The first Multi-Proposer L1 EVM
Sei Giga is the EVM redesigned from zero.
Built for a future of endless possibilities.Explore the new white paper … pic.twitter.com/5lm2vdcSnn
– sei
The first Multi-Proposer L1 EVMAccording to Dappradar Analytics, SEI has exceeded OPBNB as the main web game infrastructure, recording 7.38 million unique active portfolios (UAW) in the last 30 days, representing a monthly increase of 33.5%.
Currently, only a handful of blockchains dominate the web3 game activity.
SEI has now exceeded the measures to use native web3 platforms as immutable, despite their Zkevm Rollup technology.
However, the SEI $ token remains 83.64% lower than its $ 1.14 (ATH) summit in March 2024.
Sei Falling Bedge Breakout: Is a 300% rally about to explode?
The current technical structure suggests a potential recovery dynamic to come. The layer 1 token recently finished a corner model falling on the daily graphic, with an imminent break.
Project SEI technical analysts could target the initial resistance at $ 0.251 if it maintains the current support around $ 0.185.
#Sei finished the corner of the fall daily
Breakout and leave
1 TP – $ 0.2510
– Daniel Ramsey (@RamseyCrypto) June 19, 2025
2 TP – $ 0.2845A successful break above this level could trigger an prolonged rally to $ 0.2845, offering a gain of 51% of current prices.
The Crypto @Four_iv analyst believes that with a strong dynamic of SEI $, an escape around $ 0.80 becomes feasible, approaching the heights of 2024 and potentially offering more than 300% yields for merchants.
Can SEI reach $ 0.5? The technical models report a massive escape to come
After finding support near the region of $ 0.16, SEI has rebounded slightly and is currently negotiated at around $ 0.1869, just above the simple Mobile Mobile at 9 days (SMA) of $ 0.1806, a short-term bullish signal if supported.
A level of critical resistance is at $ 0.26, which marks a 5 -month descending barrier.
A successful escape above this level could open the door to a bullish rally to the region of $ 0.35, which has always acted as an important supply area.
If the momentum continues beyond $ 0.35, the graph describes a potential halfway target of $ 0.50, which represents a gain of 160% of the current levels.
However, the relative resistance index (RSI) is currently at 46.42, which indicates that SEI remains in neutral territory, although it has rebounded conditions of occurrence less than 30.
This rebound suggests a renewal of purchase interest but does not yet confirm a strong upward trend.
In summary, SEI must convincingly exceed the resistance zone of $ 0.26 to validate a bullish reversal.
If this break occurs with an increase in volume, the following targets are at $ 0.35 and potentially $ 0.50.
Do not erase this resistance may cause continuous consolidation or lower support holder almost $ 0.16.
The Post SEI TVL ends over $ 1 billion, but the price has dropped by 83% compared to the 2024 summits-when will it recover? appeared first on Cryptonews.
