Sei ($SEI ), one of the layer-1 blockchains, has the potential to rise with user growth and active development.
Sui (SUI), which rose after the US elections, ignited the fuse of the layer-1 bull. A number of layer-1 projects gained significant investors.
#SEI , which is shown as one of SUI's biggest rivals, entered the rise detail by exceeding a potential resistance level of $ 0.50.
Sei (SEI) is growing day by day Daily active address status is recording an increase of 125 Sei (SEI) is recording rapid growth. Sui's bull run shifted to the layer-1 blockchain Sei. The number of active addresses on the Sei blockchain approached 185 thousand.
Development activities on the Sei blockchain increased from 10.57 to 11.57. The merger and activity development in the Layer-1 blockchain strengthens the emerging confidence.
High growth activities attract long-term investors. As the Sei continues to develop, it can continue to gain new investments.
Sei (SEI) chart analysis Technical indicators show that the SEI price has entered an uptrend by breaking through the resistance zone at $ 0.5181. According to the analysis, if this level can be maintained as a support point, the upward momentum can be gained.
The following statements were included in the analysis;
“The growth and active development of the Sei blockchain is creating a promising foundation for the bull run. However, SEI must ensure that resistance develops and development activities continue to consolidate the position of cryptocurrencies.”
#SEIUSDT #NextMarketMoves #BTCBreaks93k #binance
