SEI Surpasses $0.32 on Strong Technical and Fundamental Momentum

SEI’s technical indicators and ecosystem growth are aligning to support a potential explosive price move. The confirmed double-bottom pattern, formed between February and July 2025, has provided a strong foundation for the token. A breakout above the $0.275–$0.295 neckline occurred in late June, and the level has held firm during a subsequent retest in July, reinforcing its significance as a bullish support zone [1]. The price has since rebounded near $0.29 and is currently trading at $0.3203, with higher lows forming a constructive bullish structure [1]. Technical projections based on this pattern suggest a potential move toward the $0.65–$0.70 range, should the momentum persist [1].

In addition to the double-bottom formation, a symmetrical triangle consolidation has been developing since mid-July, with key support at $0.28 and resistance at $0.33 [2]. This pattern often precedes a significant directional move, and the recent price action indicates that buying pressure is strong enough to maintain support levels for extended periods. The potential breakout target is near $0.36, with further upside visibility toward the $0.45 double-top zone [2]. The $0.26–$0.28 support has held for over a month, signaling a strong accumulation phase and increasing the likelihood of a sustained breakout [2].

Fundamentally, the Sei network has made significant progress in ecosystem adoption, contributing to growing liquidity and market confidence. Network activity reached a milestone when dApps surpassed one million unique active wallets in a 24-hour period [3]. This surge in usage coincides with a 34% weekly increase in stablecoin market cap, which now stands at $289.69M and is approaching the $300M threshold [3]. On-chain activity also shows a rapid expansion of daily EVM wallet creation, nearing 450,000 per day [3]. This level of engagement is a strong indicator of real-world adoption, reinforcing the token’s utility beyond speculative trading.

The market cap trend for SEI has also shown a clear upward trajectory, with a breakout from the $900M base in June 2025 leading to a $2B peak in July, followed by higher highs into August [3]. This pattern of sustained growth suggests a strong underlying demand for the token, supported by both network activity and liquidity expansion. The recent influx of over $500M into the ecosystem via Stargate Finance further highlights the growing interest and investment in the project [3].

The combination of these technical and fundamental signals positions SEI as a compelling asset in the current market. While other tokens may experience short-term volatility or hype-driven gains, Sei’s growth is rooted in measurable and sustainable on-chain metrics. As the price continues to consolidate near key resistance levels and the network expands, the probability of a significant breakout increases [1]. Investors and traders are advised to closely monitor price behavior and on-chain activity for further confirmation of the bullish trend [3].