Here’s Why SEI Price Is Pumping

SEI is making a strong move today in the crypto space. The SEI price jumped 31% in just one day and is now trading around $0.2684. On top of that, its trading volume shot up by more than 164%, showing that interest is flooding in fast. But this move isn’t just about hype; there’s some real momentum building behind it.

One of the big reasons for this surge is SEI recent selection by the Wyoming Stable Token Commission. They chose SEI as a candidate blockchain for what could become the first U.S. state-backed stablecoin. Even more impressive? SEI scored a perfect 30 out of 30 in their tech evaluation, beating out giants like Ethereum and Base.

Crypto analyst Isaiah broke the news on X, pointing out that SEI is now officially on the U.S. regulatory radar. That gives it a major edge when it comes to compliance, something institutional players care about. It’s a move that’s boosting trust and drawing serious attention from both retail and pro investors.

Read Also: Expert Warns Cardano (ADA) Price May Struggle – Here’s Why

SEI Growing Ecosystem and On-Chain Usage

SEI’s rising DEX activity also supports the rally. Its decentralized exchanges have reached a record $327 million in daily swap volume, up nearly 200% month-on-month. Protocols such as SailorFi, DragonSwap, and Symphony are driving this activity, indicating genuine usage beyond speculation.

The network is also seeing rising wallet adoption. SEI now ranks #2 in active wallets across all EVM chains, with over 8.1 million wallets and 74% growth in recent months. This growth is largely tied to gaming dApps, showing SEI’s traction in the Web3 gaming segment.

Backed by major firms such as Coinbase Ventures, Multicoin Capital, and Jump, SEI also benefits from a $120 million ecosystem fund. This fund continues to support dApp development across DeFi, gaming, and AI.

Additionally, SEI is undergoing a major infrastructure upgrade through SIP-3, introducing a new parallel-native EVM called Sei Giga. This upgrade includes sub-400ms finality, multi-core execution, and full compatibility with Ethereum. It also integrates a native orderbook layer.

This positions SEI as a scalable Layer 1 combining Ethereum’s developer tools with Solana-like transaction speeds. The upgrade is designed to attract developers building high-throughput dApps across multiple sectors.

SEI Price Chart Structure and Breakout Confirmation

Technically, SEI rally aligns with a bullish breakout from a falling wedge pattern. Prominent analyst World Of Charts shared on X that this is the second breakout from such a pattern in recent months. The first move from April to May led to a 56.64% gain. The latest breakout has already produced a 47.73% rise, with SEI price pushing toward the $0.275 resistance level.

Source: X/Worldofcharts

The initial support zone at $0.175–$0.185 has held against multiple retests. Having breached above resistance at $0.22, SEI is now holding at $0.26–$0.27. As the trend continues, the level of interest is $0.30, a psychological area of resistance which could cap the current run.

The SEI chart shows strong volume on breakout candles and a clear trend reversal structure. The ascending slope from recent lows supports further upside unless price closes below the $0.24 level.

With fundamental drivers including regulatory exposure, record-breaking on-chain activity, and a high-performance EVM upgrade, SEI price recent pump is backed by both news and technical strength. The alignment of utility, developer adoption, and price structure continues to place SEI in focus as a fast-growing Layer 1 contender.

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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