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Ayzal

06/11 17:55

Sei Network Crushes 28M Active Wallet Record – Is SEI Due for a Price Recovery?

Sei Network achieves record 28 million active addresses and 1.3 million daily transactions while SEI token trades at $0.2301, up 55% from April lows as developers call $1 target "baseline" amid inverse head and shoulders pattern targeting $0.50.The high-performance Layer-1 blockchain Sei Network has maintained a steady upward trajectory following its annual low of $0.1303 $SEI price recorded on April 7.

Currently trading at $0.2301 with a daily increase of 3.19%, SEI has demonstrated impressive resilience by climbing over 55% from its April bottom.

While the recovery is notable, the token’s performance remains relatively flat year-to-date, trading 57% below its earlier highs despite recent gains.

Nevertheless, underlying network fundamentals reveal a different story, with $SEI experiencing substantial growth in user adoption despite lackluster price performance.1749664459106.png

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