Sei Network Aims for 40% Surge as Triangle Pattern Approaches Breakout

Current Token Performance: Sei Network's token is trading at approximately $0.32, with a potential for a 40% increase if it breaks through key resistance levels identified at $0.345 and $0.35.

Infrastructure Development: The launch of the Monaco protocol introduces sub-second trading capabilities aimed at institutional investors, enhancing the network's appeal and operational efficiency.

Market Stability Indicators: Open interest in Sei futures remains steady, indicating healthy trader participation without excessive leverage, while daily active addresses have surged by 84% over three months, reflecting genuine user adoption.

Technical Analysis Insights: The token's current price movement within a symmetrical triangle pattern suggests a significant breakout opportunity, with analysts highlighting support levels around $0.31 and a target price of $0.44.