A well-followed analyst known as Not Telling on X has shared multiple reasons why SEI might be one of the strongest Layer 1 tokens to watch right now. According to the analyst, SEI price chart is flashing a bullish signal. It is forming a classic “cup and handle” pattern, which is often a sign of a strong breakout on the way.
This technical setup, combined with rising volume, points to increasing demand for SEI. The analyst believes the SEI price could soon surge toward $0.44 if the momentum continues.
Not Telling adds that this price move is not just technical. It is backed by deep on-chain activity that shows growing demand for the SEI blockchain.
SEI Blockchain Is Experiencing Explosive Growth
Beyond price speculation, the SEI blockchain has seen massive growth in real usage. The analyst points out that the total value locked (TVL) on SEI has reached an all-time high of $1.32 billion. This is a huge jump from just $13 million earlier in 2025. That means SEI’s TVL has grown by over 9,900% in just eight months.
🚨 I’M BUYING THE $SEI DIP 🔮
— Not Telling (@nottellingyou73) August 1, 2025
1. $SEI chart is screaming “Breakout Incoming” 🚀
Chart is forming classic bullish cup & handle pattern with increasing volume indicating buyers are prepping for a move to $0.44+ in the short term
2. On-chain activity on $SEI is BOOMING 🔥
Key… https://t.co/5wE9CHxx5c
Wallet creation has also exploded. More than 266,000 new wallets have been created this year, showing a 31,000% increase compared to last year. Daily transactions have crossed 1.6 million, and transaction fees are up by 368% over the last 30 days. These numbers show that more people are using the SEI network and that demand is growing fast.
All these data points are part of what Not Telling calls “hypergrowth.” According to the analyst, such usage increases can often support long-term price growth.
SEI Technology and Adoption Are Gaining Institutional Attention
Another reason Not Telling is bullish on the SEI token is its technology. The SEI blockchain offers finality speeds under 400 milliseconds and can reach up to 250,000 transactions per second. It is one of the few Layer 1 blockchains that combines such high speed with EVM compatibility. This makes SEI ideal for decentralized finance, gaming, and tokenized real-world assets.
SEI is also getting attention from traditional finance and governments. In June, the U.S. state of Wyoming chose SEI as a candidate chain for its stablecoin pilot project. At the same time, CoinShares launched a SEI-backed exchange-traded product (ETP) in Europe. In the U.S., Canary Capital is reportedly working on a new ETF that will include SEI exposure.
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On the infrastructure side, SEI continues to expand. BungeeSwap has integrated SEI into its platform, offering gasless cross-chain swaps and USDC routing on more than 30 networks. Backpack Wallet has also added support for SEI. A major network upgrade is expected on August 4, and Not Telling says it will boost EVM performance even further.
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