SEI stands before an opportunity to break through the market – What are the driving forces behind it?

SEI is back in the spotlight, and this time it is with the strength of a spectacular bullish run – a rare occurrence given that most top coins are still struggling to find their direction.

In just a few short days, the SEI bulls made an impressive breakout by pushing the price up 45% – from a low of $0.158 on Tuesday to a peak of $0.228 on Saturday last week. Although the price later adjusted slightly, this strong recovery quickly ignited a wave of strong interest from investors.

Daily SEI/USDT chart | Source: TradingViewNotably, the RSI index of SEI indicates a trend shift to bullish as it breaks above the neutral level of 50. At the same time, the support level is also continuously being raised – a positive signal suggesting that SEI could very well become one of the most prominent digital assets in the second half of 2025.

SEI Network records the highest weekly DEX activity ever

The growth momentum of SEI comes not only from the price but is also supported by strong activity across the network. In the past 7 days, the total trading volume on the DEX has exceeded 263 million USD – marking the week with the highest liquidity since the inception of this network.

DEX volume of SEI | Source: DeFiLlamaThe explosion of DEX volume, combined with a bullish surge in token trading, is clear evidence that SEI is attracting special interest from the community.

In just the last 24 hours, the trading volume of tokens has reached 284 million USD – the highest figure in the past 4 months, indicating that money is flowing strongly into this ecosystem.

This data shows that activity on the SEI network is increasing significantly – a trend that may stem from the growing wave of interest in the SEI token. Notably, spot inflows have recorded an impressive breakout since the beginning of the week, clearly reflecting the increasing appeal of this asset.

Specifically, on June 17, spot money suddenly surged to 9 million USD – the time coincided with the beginning of the recent bullish trend. This is also the highest daily spot money level since the beginning of the year, a sign that indicates the increasingly prominent role of institutional investors or "whales" in leading market trends.

The spot trading volume ( of SEI | Source: CoinglassThe total spot trading volume up to now has exceeded 15 million USD. However, the derivatives market has truly shown an impressive picture: open interest )OI( has skyrocketed from 98.5 million USD to 158.6 million USD – indicating growing expectations for the bullish trend of SEI.

The trading volume in the derivatives market is also quite remarkable, reaching 1.16 billion USD – equivalent to an 80% increase. However, one point to note is that short-term profit-taking pressure is gradually forming, as evidenced by the increase in short orders and negative funding rates – a sign that the bears are beginning to return to the game.

SEI has been listed as a potential candidate for Wyoming's stablecoin issuance plan.

Investor confidence in SEI seems to be strengthening significantly, especially after the state of Wyoming )USA( officially included this blockchain in the shortlist of potential platforms for the issuance of the WYST stablecoin.

This list is not randomly selected – according to reports, the blockchains are evaluated based on strict criteria such as processing speed, network performance, and the ability to support actors in the ecosystem. The inclusion of SEI in the list is a clear testament to the technological potential and the increasing attractiveness of this network.

Not only that, a series of other positive factors are also driving the recent performance of SEI, while increasing the attractiveness of the native SEI token in the eyes of investors. For example, SEI is currently leading the entire gaming industry in terms of the number of active addresses over the past 30 days – a remarkable achievement that reflects the increasingly expanding practical application of this blockchain.

Nansen noted that in the past 4 weeks, the number of transactions on the SEI network has doubled, while the number of active addresses has surged threefold – a clear indication of a significant boom in the level of interaction on the network.

These numbers indicate that the recent bullish trend of SEI is not just a short-term market effect, but is also backed by substantial development in terms of ecosystem and adoption speed. This could be the premise for a more sustainable growth cycle. However, the key question now is: Can SEI maintain this impressive upward momentum throughout the rest of June?

SN_Nour

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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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