Sei Network’s SEI Token Nears Breakout Around $0.217 as Analyst Predicts Rally
The native coin of Sei Network, SEI, is gaining momentum since it may soon be the start of the movements, as it currently stands at around $0.217.
Analyst Ali, known on X as @ali_charts, has highlighted an important trendline that SEI has tested three times, suggesting a potential parabolic rally if it breaks through the resistance levels established during those tests in 2022.
Technical Setup Signals Potential Surge
The price action of the token is under selling pressure. The recent market downturns have stiffened its underlying support at $0.21, which the token is currently performing just above.
The 21-day exponential moving average value is at $0.231, which is worth close to the key resistance of $0.23, which has repelled three previous attempts at breaking out. The Relative Strength Index (RSI) with the value of 38 per day shows that the token is neither overbought nor oversold, and it can move up in case momentum changes.
Such analysts as Ali indicate that a decisive close above $0.23 might lead to a sharp increase, which may attract sidelined capital.
Sei Network’s High-Speed Advantage
The popularity of the Sei Network is that it was built as the fastest layer-1 EVM blockchain by finality (400 milliseconds) and transaction per second (over 200k). It is geared towards high-frequency trading, order books, and DeFi and it is low-end in price, making it attractive to developers to develop applications such as decentralized exchanges and trading platforms.
The platform’s token-based governance, staking, and transaction fees rely upon the growing network adoption, which would increase the value of the token.
Due to the increase in the number of projects released on the network, the number of tokens required is bound to grow, which will positively affect the price prospects of the token.
Token Release Looms Large
Sei Network will issue 95.15 million tokens, which is approximately 0.95 percent of the supply, into circulation on October 15, 2025. Such unlocks may create temporary selling stress when new tokens enter the market, although the percentage changes aren’t very significant.
Nonetheless, the strong ecosystem development at Sei might compensate for the dilution aspect, and on-chain activity will indicate a higher development and exposure of both developers and users.
The traders are maintaining their composure and closely monitoring the market’s reaction to this unlock event.
Final Words
The Sei network has attracted DeFi projects that prefer speed and efficiency. New partnerships and acquisitions have strengthened its platform as a high-throughput applications chain of choice, challenging more seasoned competitors such as Solana.
The bullish nature of the analysts has its basis on the market conditions, however, the market volatility is also a factor. The technical implementation of the token and the fast execution of the Sei Network create an optimistic image that is still unclear regarding the coming unlock of the token.
Closing above $0.23 would help it usher in the rally as Ali forecasts, and failure to clear the resistance may make it revisit a previous price at $0.21.
Best Crypto Presale News: Dogecoin Gains, Fartcoin Struggles, While Whales Accumulate BullZilla for Explosive ROI
Explore the best crypto presale news with a deep dive into BullZilla, Dogecoin, and Fartcoin. Learn ...
Binance Unveils Yields Basis (YB) HODLer Airdrop by Listing Against Several Trading Pairs
With the launch of Yields Basis (YB) HODLer Airdrop, Binance intends to provide liquidity providers ...
Binance Unveils Yields Basis (YB) HODLer Airdrop by Listing Against Several Trading Pairs
With the launch of Yields Basis (YB) HODLer Airdrop, Binance intends to provide liquidity providers ...