SEI's price has surged by 30% following a confirmed buy signal, with analysts eyeing a potential breakout above $0.34. The rally is supported by technical indicators and on-chain data indicating renewed accumulation momentum. Analysts Tanaka and Ali have observed a consolidation phase, suggesting a structural change if SEI surpasses $0.25.
Additionally, upcoming token unlocks worth $17.51 million could introduce short-term volatility, according to analyst Tommy B. SEI's average transaction fee of $0.0004, the lowest among major layer-one networks, bolsters its role in DeFi infrastructure, contributing to its recent price movement.
SEI Price Jumps 30% Amid Buy Signal, Targets $0.34 Breakout
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