Despite SEI's recent poor price performance, many crypto analysts remain firmly bullish on its future. Some analysts even believe that SEI could become the next Solana.

Although SEI broke out of the downward channel in September, the gains were limited. The price has always hovered around the key resistance level of $0.51, and several attempts to break through have failed, including the rebounds on September 28 and October 14, which ultimately failed to break through this resistance.

Another attempt three days ago also failed to break through the resistance, and despite some recovery, the pressure of the yellow line remains. If this resistance can be broken, it may trigger a further rebound.

Nevertheless, SEI's potential cannot be ignored. Cryptocurrency analyst Bando believes that SEI has the ability to become the next Solana, especially in terms of speed. He pointed out that SEI is currently the fastest blockchain in the industry, capable of handling high-frequency transactions with extremely low latency, and high transaction volume does not affect its speed. This makes SEI particularly suitable for meme coins and DeFi transactions.

Bando believes that the biggest problem with SEI is that the market has not fully realized its potential. Once more people pay attention to it, the value and development of this chain will receive due recognition.