Sei Network Sees 1.6 Million Daily Transactions, Token Price Stable at $0.2840

On June 25, 2025, the Sei network experienced a significant surge in on-chain activity, with daily transactions reaching an all-time high of 1.6 million. This unprecedented level of activity has sparked speculation about the potential for the SEI token price to hit $1 soon. Despite the high transaction volume, the SEI token price has remained relatively stable, hovering around $0.2840. This stability could indicate a period of accumulation before a potential breakout.

The surge in daily transactions, combined with a 3.35% increase in active wallet addresses to 517,420, suggests genuine demand for the network. The 24-hour trading volume, however, dropped by 41.83% to $390.92 million, which could indicate a period of consolidation. The network's parallelized Layer-1 design and the growth of decentralized applications (DApps) and developer interest are contributing to the increased usage and traction of the network.

Several factors are driving the network's growth. The all-time high transaction count validates the network's design and functionality. The introduction of new projects such as World of Dypians, Dragon Slither, and ERC-4337 wallets has spiked usage, with each transaction adding to the network's traction. Additionally, technical indicators such as the Moving Average Convergence Divergence (MACD) showing a bullish crossover and the Relative Strength Index (RSI) at 63.89 suggest building momentum.

Looking ahead, the short-term price prediction for SEI suggests that if the volume surpasses the breakout point at $0.30, a fast rally to the $0.32-$0.34 range could occur. In the mid-term, the prediction considers the token retesting Q1 2025 highs in the $0.38-$0.42 range due to increased developer interest and user activity. Long-term, assuming a bull cycle and continued adoption, the price prediction targets between $0.70 to $1.00+ by the end of 2025.

In conclusion, the Sei crypto price surge is driven by actual use and network activity. If the network closes above $0.30 on volume, it could signal the start of a bull run. It is essential to monitor this level and track new updates to gauge the price's next movement. This analysis is for educational purposes only and should not be considered financial advice. Always conduct thorough research before making any investment decisions.