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Key Insights:
- SEI price rose more than 4%, showing strong bullish market momentum.
- Sei’s TVL reaches a record high of $639.43 million.
- Technical indicators suggest Sei could target $0.30 in the short term.
Sei (SEI) network’s total value locked (TVL) has exceeded $633.7 million, setting a new all-time high. This rise in TVL comes on the heels of bullish performance on SEI price. This crypto experienced a 4% jump in its prices over the past 24 hours, according to CoinMarketCap data as of press time.
Sei’s TVL Surge: A Record-Breaking High
The Sei network’s TVL is continuing its good run, reaching an impressive outcome of $639.43 million at its highest point. The TVL growth represents a 2.52% jump over a 24-hour period.
It demonstrates that the market has great confidence in the ecosystem of Sei as users keep depositing their assets in DeFi protocols.
Major volume on DEX and perpetual contracts has also been reported by Sei, also indicating that its growth is sustainable.
When writing, Sei price has increased by 4.1% in the past 24 hours to stand at $0.2624. Sei has been performing well in the fluctuating crypto market, beating most of the other tokens in the market.
The trading volume also rose by 12.37% over the same period. Such a strong performance in the midst of rising volume indicates that Sei is in a bullish phase where demand is going up.
Sai Price Aiming for the $0.30 mark
Looking at Sei price charts, we see that the token might be aiming at the $0.30 mark. Sei prices have been trading within the bullish channel on the hourly timeframe.
A resistance level at $0.2650 is threatening to hold the current price at $0.2625 with Sei. A breakout above it may indicate an extension of the uptrend to the resistance level of $0.30.
Sei has managed to sustain forward movement. Provided that Sei crypto price manages to surpass the resistance at $0.2650, it might turn to bag an immediate price advance on the path to $0.27, and subsequently, $0.30 in the short term.
The Relative Strength Index (RSI) was at 76.53 at press time. It indicated Sei was in the overbought zone. It could cause the price to retreat or cool off, then break in a later time.
Nevertheless, the depicted positive volume delta in the chart indicated that the push to buy was overpowering the push to sell. The scenario could approve the bullish price increase.
Volume and Liquidation Data Show Bullishness for SEI price
According to the volume delta, the buying volume has been increasing considerably. The increase reflects high interest in Sei. However, the RSI indicator above 70 is giving an alert of an imminent short-term retracement, probably before another leg up.
Moreover, the current liquidation data demonstrates that short liquidations were pretty large during price spikes recently. On 20th June 2025, Sei experienced massive liquidation, and short positions totaled over 3.5 million.
It is conjoined with an increase in price. The scenario means that a short squeeze may have contributed to this price increase.
The liquidation of long positions has been much less than the liquidation of short positions. This means that there had been a bullish sentiment in Sei. It shows a good point in terms of the long-term trend in Sei prices since it means that the bears are experiencing more pressure.
Disclaimer
This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
