The price of SEI crypto has been on a sharp upward trajectory, capturing the attention of both retail and institutional investors during a time of broader market turbulence.
The altcoin has seen its price rise by over 39% over the past 24 hours and by over 64% over the past week to trade at $0.2837 at press time according to Coingecko data.
This sudden rise in the SEI token comes amid increasing confidence in blockchain infrastructure projects. Sei Network stands out as one of the fastest layer-1 blockchains designed for web2-like user experiences, high-frequency trading, and real-time digital asset exchanges.
As financial markets remain volatile due to geopolitical uncertainty and stock market dips, the SEI cryptocurrency is showing notable resilience and emerging as a compelling altcoin with considerable upside potential.
Bullish breakout has confirmed the technical strength
The SEI price recently hit a key milestone after reaching and surpassing the $0.2730 level, which was the first bullish target laid out by analysts observing a rounded bottom pattern on its chart.
This breakout confirms a macro reversal pattern that had been forming, with technical indicators like the Moving Average Convergence/Divergence (MACD) showing the bullish trend is gaining momentum.
However, traders should be cautious seeing that the Relative Strength Index (RSI) is currently in the overbought region on the daily chart, signaling a possible pullback.
Should a pullback occur, the critical support levels to watch are $0.2259 and $0.1665.
But on the brighter side, the upside targets lie at $0.3342 and even as high as $0.4249 if momentum holds.
SEI’s strong volume and active address growth
Another factor fueling the rise in the price of SEI cryptocurrency is its surging on-chain activity and trading volume, both of which point to heightened market interest.
Between June 21 and June 23, 2025, the SEI token recorded an 18% jump in trading volume, reaching $45 million in just 24 hours, with Binance alone accounting for $12 million on the SEI/USDT pair.
At the same time, on-chain data from the Sei Network explorer confirmed a 15% rise in daily active addresses, pushing the total count to over 8.1 million—clear evidence of growing adoption and network engagement.
This rising user activity coincides with the all-time high decentralized exchange (DEX) volume on the Sei blockchain, underlining the network’s expanding utility and market footprint.
Market resilience amid external uncertainties
While global equity markets have shown weakness—such as the 0.3% dip in the S&P 500 and a 0.5% drop in the Nasdaq Composite—SEI crypto appears to be decoupling from this trend.
According to well-known analyst Michaël van de Poppe, the $0.1850 level is a key support to watch, and holding above it could lead to a rally toward $0.30, reflecting over 60% upside potential from recent levels.
This divergence in performance suggests that traders are increasingly turning to altcoins like the SEI cryptocurrency as a hedge against traditional market risks and as a way to gain exposure to blockchain-specific innovation.
Moreover, the cryptocurrency’s recent price movements align with investor sentiment favoring high-speed, scalable layer-1 networks capable of supporting AI, gaming, and financial applications.
SEI ETF anticipation and growing institutional interest
Fueling even more optimism is anticipation around the possible approval of Canary Capital’s SEI-staked ETF, which they filed with the US Securities and Exchange Commission (SEC) towards the end of April this year.
The filing of the SEI ETF by Canary Capital, which was the first-ever SEI-based Exchange Traded Fund (ETF) in the US, signals a rising institutional interest and the potential for mainstream investment inflows.
At the same time, SEI’s on-chain metrics are showing impressive metrics such as $1.084 billion in Total Value Locked (TVL), according to DefiLlama, and daily inflows surpassing $10 million, all of which highlight the expanding SEI network financial ecosystem.
Notably, the anticipation surrounding the ETF has driven a surge in trading enthusiasm, reinforcing bullish expectations and pushing the SEI price higher.
Given these dynamics, many traders see the SEI token as entering its strongest bullish phase yet, supported by both technical setups and fundamental strength.