🚀 SEI Primed for Liftoff: Monaco Debut & ETF Buzz Ignite Bullish Frenzy

SEI's ecosystem just got jet fuel—Monaco's mainnet launch and a surprise ETF filing have traders scrambling for position.

The Monaco Effect: SEI's flagship L1 goes live with institutional-grade throughput, while whispers of a US-regulated ETF suggest Wall Street's finally waking up to crypto (only 15 years late).

ETF Chess Move: BlackRock's rumored involvement in the filing sends SEI's OI soaring 300%—because nothing gets degens excited like traditional finance catching FOMO.

Price Action: SEI/USDT punches through resistance levels like a meme coin on stimulants, though skeptics note the 'approved ≠ approved-for-trading' ETF reality check.

One thing's clear: SEI's playing the long game while traders play musical chairs. Will this be the altseason catalyst or another 'narrative pump'? Place your bets.

Investors Anticipate a Strong Breakout

Sei Network (SEI) has been drawing investors’ attention in the current subdued market.

The Sei project has now announced Monaco, a Wall Street-grade trading LAYER designed to meet institutional infrastructure needs. With Monaco, Sei aims to position itself as the optimal blockchain for large-scale trading activities, distinguishing itself from competitors focused on smaller DeFi operations.

“Monaco is coming soon on SEI…Trillions in traditional assets are moving into tokenized markets, and traders need real infrastructure — fast, open, and without the limits of legacy finance,” X user Ash crypto shared.

At the same time, CBOE has filed the Canary Staked Sei ETF 19b-4 with the US Securities and Exchange Commission (SEC). This is a significant step toward legitimizing investment products tied to SEI in traditional markets.

Sei has seen impressive growth regarding on-chain data, with active addresses increasing by 7,952% since launch. Earlier in July, the network’s Total Value Locked (TVL) had also reached NEAR its record high of over $626 million. This indicates a stronger-than-ever capital inflow into the ecosystem, reflecting Sei Network’s growing appeal to individual and institutional investors.

On the technical analysis front, SEI is maintaining a positive market structure. Currently, the price is trading at $0.3158. Although it has dropped nearly 5% in the past 24 hours, this level remains close to local highs, and many experts believe the upward trend is still intact.

Crypto analyst Ali views the $0.31 range as a “buy-the-dip” opportunity before a potential strong breakout to a target of $0.42.

Other analysts, such as Byzantine General, emphasized that SEI has held its strength during a broader market correction, further boosting investor confidence. However, analyst Daan Crypto notes that SEI needs to break through the $0.39 level to continue its upward trend. This level aligns with the local high from mid-July.

Beyond short-term targets, the long-term outlook for SEI also generates lively discussion. Bitcoinsensus suggests that the current price compression within a wedge pattern could build pressure for a massive breakout, potentially driving SEI to price targets between $2 and $3 in the next cycle.

This indicates that the market holds high expectations for Sei Network to emerge as one of the new-generation blockchain “unicorns.”