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Sei Network is becoming a focal point in the market with its continuous major updates and attraction of institutional capital.
With a bullish market structure, outstanding on-chain data, and significant strides in institutional infrastructure, $SEI demonstrates strong potential for the future.
Investors Anticipate a Strong Breakout
Sei Network ($SEI) has been drawing investors’ attention in the current subdued market.
The Sei project has now announced Monaco, a Wall Street-grade trading layer designed to meet institutional infrastructure needs. With Monaco, Sei aims to position itself as the optimal blockchain for large-scale trading activities, distinguishing itself from competitors focused on smaller DeFi operations.
“Monaco is coming soon on $SEI…Trillions in traditional assets are moving into tokenized markets, and traders need real infrastructure — fast, open, and without the limits of legacy finance,” X user Ash Crypto shared.
At the same time, CBOE has filed the Canary Staked $SEI ETF 19b-4 with the US Securities and Exchange Commission (SEC). This is a significant step toward legitimizing investment products tied to $SEI in traditional markets.
Sei has seen impressive growth regarding on-chain data, with active addresses increasing by 7,952% since launch. Earlier in July, the network’s Total Value Locked (TVL) had also reached near its record high of over $626 million. This indicates a stronger-than-ever capital inflow into the ecosystem, reflecting Sei Network’s growing appeal to individual and institutional investors.
On the technical analysis front, $SEI is maintaining a positive market structure. Currently, the price is trading at $0.3158. Although it has dropped nearly 5% in the past 24 hours, this level remains close to local highs, and many experts believe the upward trend is still intact.
Crypto analyst Ali views the $0.31 range as a “buy-the-dip” opportunity before a potential strong breakout to a target of $0.42.
Other analysts, such as Byzantine General, emphasized that $SEI has held its strength during a broader market correction, further boosting investor confidence. However, analyst Daan Crypto notes that $SEI needs to break through the $0.39 level to continue its upward trend. This level aligns with the local high from mid-July.
Beyond short-term targets, the long-term outlook for $SEI also generates lively discussion. Bitcoinsensus suggests that the current price compression within a wedge pattern could build pressure for a massive breakout, potentially driving $SEI to price targets between $2 and $3 in the next cycle.
This indicates that the market holds high expectations for Sei Network to emerge as one of the new-generation blockchain “unicorns.”
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