SEI Just Hit $6.2B in Volume-Are Traders Preparing for the $1.00 Move?

  • SEI forms a symmetrical triangle with breakout targets set at $0.42, $0.55, and $0.65.

  • Over 147K daily swaps signal rising DEX use; Yeiswap leads with 56K+ transactions.

  • MACD and RSI hint at bearish pressure; eyes on triangle apex for a decisive move.

     

SEI is on the edge of a breakout storm. A powerful mix of bullish technicals, surging DEX activity, and ecosystem upgrades sets the stage for what could be SEI’s biggest move yet in 2025.

Triangle Pattern Hints at Price Expansion

On the daily chart, SEI has formed a symmetrical triangle pattern since June 2025. After bottoming in April, the price entered consolidation, forming higher lows and lower highs. The current price sits near $0.2967, trading just below the triangle's midpoint.

According to ElonTrades on X, a confirmed breakout above $0.35 could unlock upside targets at $0.42, $0.55, and $0.65. Recent price action shows rejection at triangle resistance, followed by a retest of ascending support. The apex nears, signaling an imminent breakout phase.

https://twitter.com/ElonTrades/status/1959708496477192574

DeFi Ecosystem Activity Picks Up

SEI’s on-chain activity continues to rise. On August 24, data from Sei revealed over 147,000 swap transactions across its ecosystem. Leading the charge, Yeiswap handled 56,542 transactions, followed by Sailor Finance with 38,911, and Oku with 32,639.

This uptick follows a spike in July where daily DEX volumes crossed 400K transactions, reflecting growing user engagement. The chain now supports 200+ dApps, integrated with MetaMask and Monaco infrastructure for institutional-grade performance.

Catalysts such as CoinShares’ SEI ETP, incentive programs on DragonSwap, Yaka, and Folks, as well as a rising perp and DEX volume, are drawing further liquidity.

The release of v6.1.4 and the upcoming SEI Giga upgrade—promising a 50× throughput boost—also strengthen fundamentals.

Momentum Indicators Flash Caution

On the 4H chart, SEI/USDT displays a bearish short-term structure.The MACD lines remain below the zero mark, signaling continued pressure on the upside. RSI reads 38.87, showing momentum is slowing and edging closer to oversold levels.

SEI has slipped by 4.24% in the last 24 hours, adding to a weekly drop of 8.53%, based on CoinMarketCap figures. During the same stretch—from August 19 to 25—its market cap fell sharply, shedding over $200 million, sliding from $2 billion to $1.76 billion.

If the price can push above $0.35, the current downtrend could flip, opening the door for a recovery.

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