SEI Price Primed for $0.39 Breakout as Network Growth Hits All-Time Highs

SEI's chart just flipped green—and this time, the bulls might actually be right.

Network activity is exploding, price action is coiled like a spring, and that $0.39 resistance level looks increasingly like a speed bump. Here's why traders are loading up.

The Technical Setup

SEI's weekly chart just printed its first higher low since the 2024 bear market. Meanwhile, daily RSI broke through downtrend resistance—classic momentum shift.

Network Effect

On-chain data shows record-breaking new addresses (because what's a crypto rally without some good old-fashioned user growth hype?).

Wall Street's Worst Nightmare

While traditional finance debates rate cuts, SEI's chart is doing its best 'disruptor' impression—because nothing terrifies bankers quite like an asset that doesn't care about Fed meetings.

One warning though: If this breakout fails, the 'greater fool theory' bagholders will be back in force. But for now? The trend's your friend—until it bends.

What’s driving SEI price?

SEI’s bullish technicals are developing in tandem with strong fundamental momentum. The Sei network has recently surpassed 1 million daily active wallets and hit an ATH in daily transactions. MetaMask’s integration of SEI as a default network further boosted adoption, positioning Sei as the leading EVM chain by weekly active wallets, outpacing Base and opBNB.

1M daily active wallets. ATH in daily transactions. Integrations with the world's most popular wallet and institutional-grade RWAs.

The fastest L1 is becoming a frictionless LAYER for finance, and the metrics tell the story.

Here's what you need to know 👇

🔴 Sei crossed 1M… pic.twitter.com/GPxotu0phX

Institutional interest is rising as well, with Elixir launching fastUSD (a stablecoin collateralized by assets from major players like BlackRock, Hamilton Lane, and Apollo) on Sei. Additionally, Stargate Finance has moved over $500 million into the SEI network, reflecting growing trust and capital FLOW within its DeFi ecosystem.

With fundamentals stacking up in favor of a major rally for the token in this cycle, analyst Ali Martinez says SEI could surge to $4, noting its price action is closely mirroring Sui’s trajectory before it rallied to $5.