SEI Surges 26% on USDC Integration, Eyes 55% Gain

SEI, a digital asset, has recently shown significant strength, breaking out from an inverse head and shoulders pattern. On July 11, SEI surged over 26% to reach a six-month high of $0.33, before settling at $0.32. This surge represents an approximate 113% increase from its lows last month. The market capitalization of SEI now stands at $1.78 billion, ranking it as the 70th largest digital asset.

The price surge of SEI was triggered by the announcement that the network will soon support native USDC, issued directly by Circle. This integration will allow users to move USDC seamlessly between Sei and other major chains like Ethereum, Solana, and Avalanche, without relying on third-party bridges or wrapped assets. This enhancement significantly boosts Sei’s value proposition by enabling fast, secure, and cost-efficient capital flows across ecosystems. Native USDC on Sei can power more efficient global payments, deepen liquidity across DeFi protocols, and lay the groundwork for institutional-grade financial applications.

The breakout from the inverse head and shoulders pattern was confirmed by a decisive breach of the neckline, positioned between $0.26 and $0.27, with a successful retest validating the breakout. According to pseudo-anonymous analyst Crypto Feras, the breakout projects an upside target of approximately $0.499, based on a measured move from the pattern’s base near $0.15. As of the latest data, this target remains nearly 55% from the current price level.

Bullish sentiment is also being echoed by other market analysts, with some projecting that SEI could reach as high as $1.50 by year-end, should macro and ecosystem developments remain favorable. Momentum indicators seem to favor a continuation of the rally at least in the short term. The MACD line has crossed above the signal line, and RSI has continued to trend upward, indicating that buyers are currently dictating short-term price action.

Adding to the bullish outlook, derivatives data further supports this perspective. Open interest in SEI futures has surged by more than 210% over the past three weeks, rising from under $50 million in mid-June to approximately $318 million. Traders are likely positioning themselves in anticipation of a breakout. Meanwhile, data from DeFiLlama shows total value locked across Sei’s DeFi protocols has reached a new all-time high of $1.4 billion. The scale of capital inflow points to sustained user activity across decentralized applications beyond just speculative interest in the SEI token alone.

As more liquidity anchors into the network, Sei stands to benefit from deeper markets, greater pricing stability, and improved conditions for developers building DeFi infrastructure. Further support for Sei’s growth outlook may come from institutional positioning. Circle’s IPO prospectus confirms a holding of 6.25 million SEI tokens, suggesting that Circle views Sei as a meaningful component in its broader blockchain strategy.

Moreover, Sei is currently one of eleven blockchain networks under review by the Wyoming Stable Token Commission for the upcoming WYST stablecoin project. A final decision is expected on July 17. Should Sei qualify for the selection, it would mark another big step toward regulatory alignment and could further reinforce the network’s credibility as a compliant, institution-ready blockchain infrastructure.