Sei Network Transforms into EVM-Compatible Chain with $128 Million TVL
- Transformation Upgrade: Sei Network is undergoing a significant transition to become a fully EVM-compatible Layer-1 chain, aiming to simplify user experience by prioritizing staking operations via EVM, thereby enhancing developer friendliness and market competitiveness.
- Liquidity Changes: With the closure of IBC, Cosmos-native assets like USDC.n must migrate to SEI's native version, which introduces short-term uncertainty but supports the long-term goal of building a more efficient ecosystem.
- Market Performance: The total value locked (TVL) within the Sei ecosystem is approximately $128 million, with positive net inflows over the last 24 hours indicating sustained user activity and boosting market confidence in its future performance.
- Price Trend Analysis: Although SEI debuted above $1.14, it has since entered a retracement period, currently finding strong support in the $0.10 to $0.12 range, with analysts suggesting that breaking through the $0.35 to $0.40 resistance zone is essential for reaching the $1.00 target.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for SEI
Technical Sentiment Analysis for Sei (SEI) As of , Sei (SEI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SEI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SEI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sei (SEI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0318 | 0.0487 | 0.066 | 0.0829 | 0.1 | 0.117 | 0.134 |
| Fibonacci | 0.0487 | 0.0618 | 0.0699 | 0.0829 | 0.096 | 0.104 | 0.117 |
About SEI
About the author







