SEI Stabilizes Above Key Support as Network Growth Fuels Recovery Hopes

SEI, the native token of the Sei Chain, is holding above a critical support band between $0.145 and $0.155, with reduced selling pressure and steady buyer activity suggesting a potential price recovery. Analysis from Ali Charts indicates that SEI has rebounded from the lower boundary of a descending channel, with a possible move toward $0.25 if support holds, and $0.36 as a longer-term target.

The Sei Chain has demonstrated robust ecosystem expansion, recording 81.5 million unique EVM addresses and adding over 230,000 new addresses daily since early 2025, reflecting sustained network engagement despite market volatility. Intraday trading data from CoinGecko shows SEI fluctuating within a tight range of $0.144 to $0.154, with repeated attempts to break higher resistance levels.

On the weekly chart, SEI is forming higher lows and a strong candle, signaling early uptrend signs. Analyst Van de Poppe commented, "Good start with a good weekly candle, and I would like to see follow-up in the coming weeks." Derivatives data from Coinglass reveals a 48.08% surge in trading volume to $296.40 million, though open interest declined by 17.09% to $72.31 million, with long liquidations totaling $1.04 million over 24 hours.