- SEI’s 4-hour chart shows a 14% rally after a buy signal at $0.284, breaking bearish trend structure.
- Over 600K new wallets were created in a single day, showing massive adoption acceleration across the network.
- SEI’s market cap rebounded sharply from $1.68B to $1.90B, reclaiming lost ground after a multi-day downtrend.
A massive 14% price breakout just hit SEI, flipping resistance into support. With 600K+ users flooding in and metrics on fire, this explosive move could be SEI’s ignition point for a major bull run.
Bullish Reversal Sparks Buy Signal on Chart
A buy signal for SEI/USDT appeared on Binance’s 4-hour chart at 12:00 UTC on August 22, 2025 as highlighted by Ali on X. Before this, the price had been in a steep downtrend since August 19, printing consistent lower highs and lows. The momentum remained bearish through August 20 and 21, with prices dipping as low as $0.2840.
This level marked the bottom of the sell-off. A significant green candle then followed, pushing the price from $0.2840 to a high of $0.3252—an immediate 14% gain. The breakout also sliced through the shaded resistance zone on the chart, signaling a major momentum shift. The candle closed at $0.3246, confirming strength.
The move broke the previous range highs and flipped a key resistance level into new support. A follow-up candle held above $0.32, indicating sustained buying interest despite some upper wick rejection near $0.33.
Network Activity Signals Explosive Growth
Data from the Sei Network dashboard confirms strong on-chain fundamentals behind the move. The network has processed over 3.82 billion transactions, averaging 4.35 million daily. Transaction fees remain extremely low, with a 3-month median fee of $0.0000328.
User activity has surged, with over 600K new wallets created in a single day. Total wallet count stands at 56.43 million, and active users recently crossed the 1 million mark. These numbers show real momentum building across the Sei ecosystem.
Active contracts keep climbing steadily, with over 600K deployed consistently and peaks shooting past 900K.
Most contracts are from returning users, confirming developer loyalty and sustained engagement.Block production has reached 164 million, with 99.80% uptime, showing network reliability and operational efficiency.
Market Cap Bounces Strong After Downtrend
SEI’s market cap chart between August 17 and 23 captures the sentiment shift. After peaking near $2.10 billion on August 18, SEI faced a sharp decline, hitting a low around $1.68 billion on August 22. But the bounce back was strong — by August 23, market cap surged past $1.90 billion.
This sharp reversal lined up with SEI’s technical breakout and the spike in on-chain activity, showing real momentum.This convergence strengthens the bullish setup forming on higher timeframes.
