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Sei Community Crushes 28M Lively Pockets Document – Is SEI Due for a Worth Restoration?

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The high-performance Layer-1 blockchain Sei Community has maintained a gradual upward trajectory following its annual low of $0.1303 $SEI value recorded on April 7.

Presently buying and selling at $0.2301 with a every day enhance of three.19%, SEI has demonstrated spectacular resilience by climbing over 55% from its April backside.

Sei up 3% on the day/ Supply: Cryptonews

Whereas the restoration is notable, the token’s efficiency stays comparatively flat year-to-date, buying and selling 57% beneath its earlier highs regardless of latest positive aspects.

Nonetheless, underlying community fundamentals reveal a special story, with $SEI experiencing substantial progress in consumer adoption regardless of lackluster value efficiency.

28 Million Addresses Can’t Be Fallacious: Is SEI Worth Subsequent?

In line with Flipside knowledge shared by Hess, the Sei Community has achieved a milestone of 28 million lively addresses following 380 days of steady improvement.

Sei Community simply hit 28M lively wallets in 380 days!
• 1.9M new wallets prior to now 7 days (~330K/day)
• 2.2M lively wallets final week (+25%)
• DAUs starting from 450K to 630K
• Gaming continues to guide consumer progress
🔥 TVL peaked at ~$550M – now holding regular at ~$509M
📉… pic.twitter.com/XG8BM6iHKL

— GIGA nbdieu 🔴💨 (@nbdieu) June 11, 2025

The platform has welcomed over 1.9 million new addresses throughout the previous week alone.

Moreover, on June 7, the Sei community processed greater than 1.3 million every day transactions for the primary time in its historical past.

Sei Network Crushes 28M Active Wallet Record – Is SEI Due for a Price Recovery?
Supply: Flipside

Most of those achievements have been concentrated within the second quarter of 2025.

Remarkably, regardless of the substantial transaction quantity, Sei maintains common transaction charges beneath $0.001, considerably decrease than Ethereum, BSC, and even Layer-2 options, together with Polygon, Base, and Arbitrum.

Sei Network Crushes 28M Active Wallet Record – Is SEI Due for a Price Recovery?
Sei transaction charges are decrease than rival blockchain networks

The community’s whole worth locked (TVL) continues its upward momentum, just lately surpassing the $500 million milestone and positioning Sei above competing blockchains equivalent to Cronos, Cardano, Close to Protocol, and TON.

Notably, gaming functions dominate Sei’s ecosystem exercise, defying the broader skepticism surrounding Web3 gaming tasks.

Sei Network Crushes 28M Active Wallet Record – Is SEI Due for a Price Recovery?
Sei leads web3 gaming cost/ supply: Flipside

Over the previous seven days, DragonLand, a distinguished Web3 recreation on Sei, generated over 1.36 million transactions, whereas different fashionable titles, together with Scorching Spring, World of Dypians, and Europe Fantasy League, averaged roughly 500,000 weekly transactions every.

Developer: SEI to $1 Isn’t Moonshot, It’s Baseline Goal

This increasing community utility has led many market observers to imagine that $SEI stays considerably undervalued, with a possible value correction on the horizon.

A cellular Web3 recreation developer just lately commented on X that $SEI at $0.20 seems “criminally undervalued.”

$SEI at $0.20 feels criminally undervalued
This isn't simply one other L1. it's constructed for merchants:
-> Sub-400ms finality
-> Parallelized EVM (no extra congestion)
-> Constructed-in order matching
-> Extremely low latency
It’s the proper storm for high-frequency DeFi.
With rising TVL, AI… pic.twitter.com/VkLFgI1tdi

— imrexx.eth (@Imrexx_dev) June 11, 2025

The developer just lately emphasised that Sei represents extra than simply one other Layer-1 blockchain; it’s particularly engineered for buying and selling functions and represents an excellent atmosphere for high-frequency DeFi operations.

He famous that “with rising TVL, AI integrations, and superior efficiency metrics,” reaching $1 for SEI shouldn’t be thought-about speculative however fairly a conservative baseline goal for the approaching months.

One other dealer, recognized for specializing in Solana and Ethereum, advised that now that $SEI has reclaimed the $0.20 degree, breaking by means of $0.26 (simply 25% above present costs) may set off vital momentum.

$SEI reclaimed $0.2 value
All $SEI must be at $2 is to have $10B mcap
In the end, we will likely be there. pic.twitter.com/tSKIEQQeD8

— MhiztaL⭕EL 💎 🔴💨 (@MhiztaLOEL) June 11, 2025

He projected that SEI may probably attain $2, which might set up a $10 billion market capitalization, putting it in direct competitors with tasks like Sui and Hyperliquid.

SEI’s $0.26 Breakout May Set off 147% Rally to $0.50

The SEI/USDT every day chart reveals a textbook inverse head and shoulders formation, a widely known reversal sample that incessantly signifies upward value momentum.

This configuration options three low factors, with the center trough (the “head”) representing the deepest degree, whereas the outer two (the “shoulders”) sit at greater ranges, indicating diminishing promoting stress and potential momentum reversal.

Sei Network Crushes 28M Active Wallet Record – Is SEI Due for a Price Recovery?
Supply: TradingView

Ought to this sample execute efficiently, the formation’s neckline, which corresponds carefully with the $0.26 resistance zone, turns into pivotal.

A break above this resistance degree may unlock the following vital goal close to $0.35.

Technical evaluation means that if the $0.35 threshold is definitively surpassed, the value may surge towards $0.50.

Such a transfer would represent a 147.47% achieve from current ranges, which will likely be a considerable medium-term bullish prospect if key resistance boundaries are overcome.

$SEI (per request)
Potential for a big inverse head and shoulders establishing right here. Which strains up nicely with 99smma resistance. Price monitoring however may take some time to play out if it's going to. pic.twitter.com/A9vNCtddJK

— Nebraskangooner (@Nebraskangooner) June 10, 2025

The Relative Energy Index (RSI) at present sits at 47.77, just under the impartial 50 threshold however displaying upward momentum, suggesting bettering market sentiment.

Historic RSI Divergence Indicator alerts have beforehand recognized profitable bullish divergences, lending credibility to the present sample formation.

Nonetheless, the value continues to commerce beneath the main descending trendline established in late 2024, warranting continued warning.

Ought to the bullish state of affairs fail to materialize, $SEI may retest latest assist ranges round $0.15, although present chart patterns counsel a reasonably optimistic outlook.

The submit Sei Community Crushes 28M Lively Pockets Document – Is SEI Due for a Worth Restoration? appeared first on Cryptonews.

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