SEI price broke above key levels after forming a strong reversal near $0.13 and confirming buyer strength
The project runs over 1.3M daily transactions and now supports 7.3M monthly wallets with real activity
SEI network uses live 5G throughput and 400ms finality showing it is working beyond just paper claims
SEI price has broken a key resistance zone after a long downtrend, signaling renewed interest driven by strong network fundamentals. A recent chart posted by market watcher Crypto Winkle shows SEI forming two descending channels, each ending with a bounce from a near-identical bottom. The latest breakout follows a second bullish reversal pattern, supported by increased trading volume and a sharp deviation from its previous downward path. At the time of the post, SEI was trading at $0.18475, up 2.17%.
Source: X Breakout Follows Strong Technical Pattern
The chart highlights two critical phases. Each downtrend formed a descending parallel channel. Price broke out from both zones at nearly identical bottom points, marked with visible green arrows. This double confirmation has reinforced bullish momentum as SEI continues to build higher lows.
The current rebound mirrors the previous breakout, both in pattern and zone. Historically, such technical duplication often precedes a significant price rally. Price support levels around $0.13 and $0.17 served as solid bases, where both breakdowns reversed upward.
The analyst’s forecast shows a potential path forming a bullish flag. The projected trajectory suggests a short-term dip followed by a sharp upward breakout. The pattern's structure hints at the possibility of SEI targeting levels near $0.44 and $0.73 if momentum holds.
Network Milestones Fuel Momentum
According to the post, SEI Network’s fundamentals are now aligning with its price action. SEI recently achieved over 1.3 million daily transactions and 7.3 million unique active wallets monthly. These on-chain metrics indicate consistent network activity, pushing the blockchain into the spotlight.
The platform operates under the Parallelized EVM (Ethereum Virtual Machine) framework. This emerging architecture allows for over 5 gigagas per second throughput and transaction finality in under 400 milliseconds. Notably, this performance is not limited to documentation or theory—it is actively live on the network.
While many Layer 1 chains focus heavily on promotion, SEI is reportedly investing in robust infrastructure. The post mentions its progress in building services ranging from Central Limit Order Books (CLOBs) to AI-ready modules. This hands-on approach appears to be resonating with developers and blockchain participants.
Such milestones often form the backbone of long-term valuation. As more decentralized applications join the ecosystem, network usage tends to follow an upward curve, often influencing price direction.
Is the Market Finally Catching Up to the Fundamentals?
SEI’s technical breakout appears to coincide with its foundational upgrades. Traders are now closely watching if this alignment signals a longer-term bullish phase or a temporary rally.
Market conditions suggest sentiment may be shifting. Previously undervalued, SEI now draws attention from both traders and infrastructure-focused builders. The chart's double reversal pattern suggests strong buyer interest near $0.13, which may now act as a psychological floor.
Still, the question remains—will investor appetite sustain as SEI’s fundamentals continue to unfold, or will price lag again?
If SEI maintains current activity levels while preserving throughput and adoption, its ecosystem may evolve into a leading Layer 1 platform. With its infrastructure-first development strategy, SEI could redefine how performance-focused blockchains scale globally.
