SEI has confirmed a bullish breakout from a year-long falling wedge pattern on weekly charts, marked by a 265% surge in trading volume. This technical breakout is supported by institutional fund launches from BlackRock and Brevan Howard on the SEI Network, enhancing the platform's credibility and attracting institutional interest in tokenized assets. Analysts have set a target price of $1.15 for SEI, based on the measured move from the wedge pattern. The breakout has coincided with increased market activity and renewed buyer confidence, signaling potential further gains for the token.