🚀 What's Fuelling SEI’s Surge - June 19, 2025
1. On‑chain growth & network expansion
TVL (Total Value Locked) jumped from ~$715 M to over $3 B, showing massive capital inflows. Daily active wallets surged from ~61 K to 260 K, indicating rising user engagement .
2. Technical breakout patterns
SEI recently broke out of a falling-wedge pattern, often signalling upward momentum .
Indicators like MACD and RSI suggest bullish crossover and divergence .
3. Increased trading volumes
On-chain trading volumes recently reached ~$640 M, supported by high network liquidity .
4. Ecosystem momentum
Sei tops Web3 gaming infrastructure with 7.38 M unique active wallets over 30 days (+33.5%), surpassing opBNB .
The network’s speed (≈200 k TPS, 300–400 ms finality) continues to draw DeFi, gaming, and NFT developers.
📈 Summary
Profitability uptick today (~12–13%) is due to the mix of explosive network growth, rising active usage, and strong technical breakout signals.
Expect volatility: though short-term chart patterns are bullish, SEI is still ~83% below its March 2024 all-time high .
Watch key resistance/support:
Resistance: ~$0.20–0.21
Support: ~$0.17–0.18 .
🔍 What Should You Do Next?
If you're already in: consider taking partial profits or setting trailing stops near the ~$0.20–0.21 resistance zone.
Considering entry? Look for a dip toward support (~$0.17–0.18) with confirmation from indicators before jumping in.