SEI has confirmed a breakout from a falling wedge pattern, surpassing the $0.18 mark and setting sights on the $0.22 resistance level. This technical move indicates a bullish short-term structure, supported by increased buying pressure. The Sei Network's total value locked (TVL) has surged to $479.99 million, reflecting growing investor confidence. According to DeFiLlama, the network experienced $1.12 million in daily inflows and recorded $21.33 million in decentralized exchange volume. These metrics underscore the network's expanding activity and potential for further price appreciation.