Sei is a rapidly growing cryptocurrency network with over 600,000 active addresses and over 1.6 million daily transactions, but the token price is still facing strong resistance.
MAIN CONTENT
The Sei network is growing rapidly with active addresses exceeding 600,000 and transactions over 1.6 million.
SEI price faces persistent resistance around $0.30 despite positive on-chain recovery.
Derivatives market sentiment remains negative but there is a short squeeze opportunity to create a breakout momentum.
Can SEI bulls break stubborn resistance?
SEI price has not been able to close firmly above the $0.29–$0.30 zone, a resistance level that has existed since February, despite bouncing from the $0.25 support. A successful breakout of this zone would open the way to the $0.337 target, otherwise the price could return to test the bottom at $0.254.
The bulls need to maintain strong pressure at current prices to consolidate the upside momentum, otherwise the tug-of-war trend will continue.
Financial Market Analyst, 2025
Why has SEI suddenly become the center of discussion?
SEI’s Social Dominance Index spiked to 0.59% before cooling to 0.25%, indicating increased interest and speculation in the market. However, without momentum from new buyers or news developments, this heat is unlikely to last long.
Source: Santiment, 7/2/2025
What does market sentiment reflect now?
Despite the on-chain recovery of SEI, Funding Rates remain negative at around -0.02% across major derivatives exchanges, demonstrating that negative sentiment is still dominant, with many traders betting on lower prices.
Negative Funding Rate opens up the possibility of a short squeeze as buyers hold key support.
Cryptocurrency Market Analysis, Santiment 2025
Does Too Many Short Positions Reduce Confidence in the Uptrend?
The Open Interest-Weighted Funding Rate remained at -0.0129% on July 2, reflecting leveraged traders’ skepticism about the current uptrend. But this inconsistency often leads to sharp moves when the market is caught off guard.
Source: CoinGlass, 7/2/2025
Can SEI Turn Network Power Into Price Breakout?
The impressive growth in addresses and trading volume indicates a solid foundation. If SEI can conquer the resistance zone of $0.29–$0.30 along with an improvement in market sentiment, a strong rally driven by short squeeze and retail demand is likely.
Main comparison chart
Index Jan 2025 Jul 2025 Daily Active Addresses 250,000 600,000 Daily Trades Undisclosed 1.6M SEI Price ~0.20 USD 0.279 USD Average Funding Rate – -0.02%
Frequently Asked Questions
1. What strengths does the Sei network have that make it grow so quickly? Sei recorded a sharp increase in active addresses and transactions thanks to attracting developers and successfully deploying dApps. (According to Santiment's July 2025 report) 2. Why is it still difficult for SEI to surpass the $0.30 threshold? The $0.30 threshold is a large supply zone, many investors are taking profits, creating downward pressure even though the on-chain index is growing strongly. 3. How does a negative Funding Rate affect the price of SEI? A negative Funding Rate shows that the majority is betting on a decrease. If the buyers can hold the support zone, it will create an opportunity for a short squeeze to push the price up sharply. 4. Will network growth help SEI's price increase sustainably? Network expansion creates a positive fundamental foundation, but the price needs consensus from the derivatives market and investor sentiment. 5. When can SEI break out of the resistance zone? When the price closes above $0.30 with high volume and improved signals from derivatives, the probability of a breakout is higher.
Source: https://tintucbitcoin.com/sei-dat-600k-nguoi-dung-hoat-dong/
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