SEI is in the news again because its price is similar to SUI and could reach $1.6 before the end of the year! ๐ Currently, SEI is showing a bullish trend after experiencing a decline, and this pattern is similar to that seen in SUI. ๐
SEI's Total Value Locked (TVL) has reached over $190 million, indicating increasing adoption on their DeFi platform. ๐ฐ This TVL started growing rapidly from September 2024 and has continued to increase, which is usually associated with an increase in price. ๐
In addition, SEI has lower transaction fees compared to many other major blockchains, including Ethereum. ๐ธ This makes SEI more attractive to users looking for cost efficiency, and could attract more users to its ecosystem. ๐
With all this growth, many believe SEI could reach a price target of $1.6 if this trend continues. ๐ฅ So, keep an eye on SEI and SUI, as both could provide significant gains! ๐ฅ $SUI $SEI #CryptoExplorerFiesta #SUI #SEINetwork #sei #TipsTradingFutures