SEI has seen its prices increased by approximately 14 % over the past 24 hours, and climbed to $ 0.2392 as an upper momentum controlling the market.
This height follows uniformity around the area of $ 0.18 – 0.20 dollars, where buyers steadfastly defend the main support levels.
With the total triple closed value during the past seven months and the daily trading volume exceeds 160 million dollars, the investor’s confidence is firmly on the rise.
SEI plan to cancel universe support and focus only on EVM
In early May, SEI Labs announced a proposal to stop the universe consensus in favor of a model structure of the virtual machine (EVM) that was simplified to simplify its code.
This strategic transformation, It was contacted via the X Publication on May 7It aims to “enhance the experience of developers, simplify infrastructure, and take full advantage of the parallel EVM performance from the SEI with the construction of the network towards Giga.”
Since 2024, SEI has uniquely listed the ecosystems and ethereum systems, however, led by engineers led by Philip Soo He decided that dual support imposed an unjustified infrastructure burden.
Sandin dune analyzes data confirm the logical basis, and revealed that EVM users exceed the number of Cosmos participants by 162 to 1 at the height of December and have maintained a ratio of 2.5 to 1 since then.
While supporters highlight the gains of efficiency and increase the participation of the developer, critics suffer from concerns about the deportation of the assets based on Cosmos without reliable dam.
A member of the audio society expressed his regret for the uninterrupted “OG” fate that is still on the universe, called Sei Labs to provide immigration solutions before sunset from the Cosmos unit.
I hope they build a bridge for those who built on the OG side. Our entire group is not on EVM. Will this proposal create a deportation tool? Our group is our Staking System. Saas without permission is everything on the Cosm side.
Meanwhile, the total closed value of the network increased from $ 160 million in October 2024 to $ 480 million by May 2025, indicating that the invested capital is still unwanted due to architectural turmoil.
With the development of the discussion, the SEI decision to focus only on the EVM operating status sites only within the Summer -Compatible ETHEREUM group.
This step follows a wider trend in the industry for the ETHEREUM applicable as an actual standard for smart contract platforms.
SEI price expectations
From the point of view of technical analysis, SEI approaches critical resistance at $ 0.2400, as the decisive penetration can stimulate another leg at the top of about $ 0.25 and beyond.
With the support of temporary averages for 7 days and 50 days and supported it with a stable average for 100 days, the structure of the graph indicates that upward momentum is still intact, although the RSI index is approaching the sale area.
The maximum of the distinctive code market of $ 1.21 billion and a strong size of 12.03 % to the market reflects the growing institutional interest and retail in the project.
Moreover, SEI market dominance may seem 0.0364 % modest, but it confirms its ability to attract liquidity even amid fierce competition for the activity in the chain.
If the trading volume or the increase continues when the threshold of $ 0.2400 is violated, the bulls are likely to target previous resistance areas near the highest level ever at $ 1.14, albeit in a multi -stage approach.
In the event of a failed failed case, the level of $ 0.20 was a magnet for Dip buyers, providing a reliable floor that supports more accumulation.
Ultimately, the SEI’s future price track will depend on the market for its EVM strategy only and the network’s ability to achieve the promised improvements to deportation and expansion.
Currently, merchants and investors will see both a mark of $ 0.2400 as a pivot point that can determine the next main step for SEI.
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