With a boost in key network standards, the SEI is positioning itself as one of the few rising cryptos in this volatile market. With the potential to start a parabolic rise, will SEI prices surpass $0.50?
Sei (SEI) traders are facing increasing uncertainty as the asset displays conflicting signals that could lead to both bullish and bearish outcomes. While some technical indicators suggest a potential upward trend, liquidity movements within SEI's blockchain and its exchanges imply a possible decline ahead.
SEI traders face uncertainty as the asset shows conflicting signals for bullish and bearish outcomes.
As blockchain technology evolves and acquires new use cases, it becomes imperative to work on developing infrastructures that combine speed, efficiency, and decentralization. This has led to the creation of specialized solutions like Sei Network, a layer 1 blockchain optimized for exchanges.
The altcoin industry has signaled a major bull rally in the near term after consolidating in the past eight months.
Sei's growing user base and technical breakout show promising potential for sustained market growth.
The Sei (SEI) cryptocurrency has experienced a remarkable surge in price, rising nearly 100% over the last 30 days. With this impressive rally, many are now wondering if the token could be on track for even higher gains, potentially hitting $1 with a 45% price rally.
TL;DR Magic Eden expands by integrating Sei Network, offering faster, more cost-effective transactions and advanced tools for NFT creators and traders. The integration includes Launchpad, Mint Terminal, and Marketplace, simplifying the creation, launch, and trading of NFTs.
Altcoins recorded notable upswings this week as Bitcoin's neutral trend –range-bound around $96K – cemented bets of an altcoin season. SEI joined the uptrend wave, gaining nearly 10% on its seven-day chart. Sei trades at $0.7075, with a daily low and high of $0.6347 and $0.7153.
This means that Magic Eden is ready to bring new features to NFT collectors, creators, and traders on the Sei blockchain. Now that Magic Eden is connected with Sei Network, people can use their Launchpad.
Story Highlights The SEI Price soared ~100% in 30 days. The expanding channel pattern indicates increased bullish sentiment for the altcoin. Sustained bullish price rally could push the price toward its target of $1. The altcoin market has displayed a significant uptrend this week.
SEI's technical indicators and rising user engagement suggest it could continue its upward trajectory.
The cryptocurrency market faces an absolute bloodbath, with Bitcoin (BTC) sliding toward the $90,000 mark as the ongoing price correction deepens amid rising liquidations and profit-taking.
SEI has risen as a standout performer in the current bullish market, showing high investor demand.
Web3 gaming studio Drift Zone secured a $190,000 grant from the Sei network to integrate its ecosystem on the blockchain.
Sei Labs and the Sei Foundation launch the Sei Research Initiative to address Ethereum Virtual Machine limitations, enhancing scalability and decentralization.
It's adding support for the Sei Network, so users will soon be able to buy, sell, and trade all their favorite Sei NFTs in one place. Magic Eden is like a big online store for NFTs.
A closely followed crypto analyst says Ethereum (ETH) may be gearing up for a massive breakout against Bitcoin (BTC). In a new strategy session, trader Michaël van de Poppe tells his 733,600 followers on the social media platform X the Ethereum/Bitcoin pair (ETH/BTC) is showing a bullish divergence on the daily chart.
Latest updates on the SEI, ONDO, and CETUS coins.
Sei Network's token was trading at approximately $0.396, marking an impressive increase of 8.33% within a short time frame. This rise has brought the cryptocurrency closer to a crucial resistance level at $0.40, with analysts closely monitoring this point as a potential catalyst for further upward movement.
A popular crypto analyst thinks one layer-1 blockchain is gearing up for a run similar to the one Sui (SUI) has witnessed. On the social media platform X, the pseudonymous analyst known as Bluntz shares a chart predicting a huge price explosion for the native token for the blockchain project Sei (SEI).
Ever since the launch of the Bitcoin ETF, the institutions have been accumulating the token heavily. As the price is ascending towards the ATH, these activities have been intensifying, and as a result, the total ETFs held by them have now surpassed the Bitcoins held by Satoshi Nakamoto.
Sei Network's DeFi integration has fueled its latest price surge, with technicals hinting at sustained growth.
Crypto Prices Today, October 30: The broader market on Wednesday sparked mixed investor sentiments globally, illustrating both gaining and slumping price trajectories. Bitcoin (BTC) price topped the $72K level intraday, while major altcoins showed mixed signals, but SUI and SEI were up 7%-11%.
The Sei Creator Fund has concluded two rounds, supporting 270 projects in the developer and gaming sectors with a $500,000 SEI pool, enhancing ecosystem development and Sybil detection.
Orderly Network, a Web3 liquidity provider, has announced its expansion into Sei, the first parallelized Ethereum Virtual Machine (EVM) blockchain, as detailed out to Finbold on Monday, October 28.
The popular tokens SUI & SEI have gained immense attention after they demonstrated monstrous moves in the past few weeks. Besides, they managed to attract huge volumes that kept up the bullish momentum of both tokens.
Cryptocurrency prices bounced back this week, with Bitcoin surging to over $67,000, and the crypto fear and greed index approaching the greed area of 60. Bitcoin is approaching the important resistance point at $70,000, raising the possibility that it will retest the all-time high of $73,800.
In just three months, it has become the layer-1 (L1) chain with the highest percentage of daily active wallet growth. This means more people are using Sei every day compared to other big names like Sui Network, Ethereum, and Solana.
TL;DR High-Performance Blockchain: Sei (SEI) is designed for rapid transaction processing and robust security, making it ideal for high-frequency trading and institutional trust. Diverse Price Predictions: SEI's price forecasts from 2024 to 2030 vary widely, with both optimistic and conservative outlooks.
Sei (SEI) has emerged as a trailblazer in the cryptocurrency realm, known as the first sector-specific Layer 1 blockchain. Its unique design aims to optimize decentralized exchanges (DEXes), enhancing trading processes for better performance in the competitive crypto landscape.
Bitcoin (BTC) slipped below $61,000 earlier today and is down almost 3% over the past 24 hours as it struggles to maintain its position above $60,000. According to analytics firm Santiment, the crypto market has turned bearish, which has impacted several assets, including BTC, Ethereum (ETH), Solana (SOL), and Ripple (XRP).
Recognized as the first sector-specific Layer 1 (L1) blockchain, Sei represents a pioneering approach within the blockchain ecosystem. It is specifically designed to enhance the functionality and performance of Decentralized exchanges (DEXes) within the ecosystem. Moreover, it focuses on optimizing trading processes, hence offering exchanges a significant competitive edge.
A widely followed crypto analyst believes one Ethereum (ETH)-based altcoin is gearing up for a massive breakout.
Latest updates on HBAR, SEI, and CELO coins.
Ethereum's most feared cryptocurrency, Solana ($SOL), is facing stiff competition from new scaleable Layer 1s that are growing in price at a much quicker rate.
SEI's surge in TVL and volume along with price indicates strong bullish momentum and further gains.
Bitcoin is en route to locking in a historic monthly performance, which could set a bullish path for XRP, TAO, RUNE, and SEI.
As Bitcoin broke the $65,000 barrier, altcoins like SHIB, W, and SEI rallied, fuelled by bullish market sentiment.
Sei (SEI) and Sui (SUI) have been trending closely together, with both showing significant price movements. However, recent shifts in market dynamics suggest that Sei might be poised to outperform Sui in the near future.
Solana which entered the crypto space being one of the tough competitors of Ethereum is often compared and equated with the other chains like SUI or SEI. These tokens have gained enough attention from the market participants as they surged over 150% in very little time.
Uptober is just around the corner. Crypto traders are eagerly anticipating the market's usual rally at this time of year.
Bitgert, Floki Inu, and SEI are potential leaders of the 2024 bull market. While there are many choices, Bitgert (BRISE), Floki Inu (FLOKI), and SEI Networks (SEI) stand out as projects with exceptional quality that give the options of announcements and growth that they have.
With the altcoin leader, Ethereum holding its price above the $2,600 mark, the Layer-1 (L1) market has regained momentum. Notably, some altcoins have recorded a double-digit surge within the past seven days. This indicates a rising dominance of altcoins in the crypto space. Following this, investors are raising speculations about a potential AltSeason.
The Sei & Sui prices have been ranging pretty high together for some time. While the SUI price led the rally, the SEI price silently followed the trend. As the market dynamics are changing, the SEI price is gaining huge momentum and rising above the crucial resistance zone.
SUI and SEI resemble Solana's 2021 pattern, poised for potential gains.
Bitcoin holds above $63k as SEI, WLD, and POPCAT top the altcoin gainers' list.