SEI is the native token of the Sei Network, a high-performance Layer-1 blockchain optimized for decentralized exchanges and trading efficiency, with strong on-chain growth and rising DeFi activity.
Despite its strong infrastructure and expanding ecosystem, SEI’s price has consolidated in a range near recent support levels, showing a mixed technical outlook with both bullish and bearish pressures.
Analysts note a symmetrical triangle or higher-low structure forming, suggesting that market compression may lead to a breakout if key resistance levels are breached.
On-chain metrics like TVL and transaction volume have grown significantly, signalling robust usage even if valuation hasn’t fully reflected that strength.
Short-term price action oscillates around critical technical zones, with momentum indicators occasionally in oversold territory — a condition that could allow relief rallies.
Overall, SEI remains a development-supported altcoin with strong fundamentals but volatile price dynamics, sensitive to broader crypto market sentiment.
@Sei Official $SEI #SEINetwork
