According to @lookonchain, the SEI token's recent 50% price increase is a "multifactor rally" driven by strong fundamentals and organic on-chain activity. Analysts at B2BINPAY highlight three main catalysts: Wyoming's selection of Sei as a settlement layer for its stablecoin pilot program, an upcoming v2 airdrop snapshot, and a 9% staking APY increase from core validators. Trading data indicates the rally is spot-led, with over $3 million in inflows to centralized exchanges, while perpetual swap open interest grew only 9% with steady funding rates. This suggests genuine buying interest over leveraged speculation. Additionally, DeFiLlama data shows Sei's Total Value Locked (TVL) has climbed above $540 million, and its DEX volumes surpassed $60 million for the first time. Traders should monitor for rising funding rates (above +0.05%), which could signal excessive leverage, but B2BINPAY notes the current momentum could extend into July.

According to @lookonchain, the SEI token has surged over 50% in one week, driven by what analysts call a "multifactor rally." The key drivers identified include SEI's selection by Wyoming for its stablecoin pilot program, which provides institutional credibility, an upcoming v2 airdrop snapshot, and a 9% increase in staking APY from core validators. On-chain analysis supports the rally's strength, showing over $3 million in spot-led inflows to centralized exchanges and a Total Value Locked (TVL) on the network surpassing $540 million. For traders, a critical indicator to watch is the funding rate; if it climbs above +0.05%, it could signal that excessive leverage is entering the market, potentially making bullish positions overextended.

According to Michaël van de Poppe (@CryptoMichNL), while the overall altcoin portfolio has experienced significant losses, SEI ($SEI) is demonstrating strong relative performance. This strength has led to a growing allocation of SEI within the portfolio, presenting an opportunity for strategic portfolio rebalancing. Such movement is viewed as a positive early indicator for the broader altcoin market and may prompt traders to reassess their asset distribution to capitalize on outperforming projects like SEI. Source: Twitter (@CryptoMichNL, June 21, 2025).

According to Michaël van de Poppe (@CryptoMichNL), SEI has flipped a critical resistance level, indicating renewed bullish momentum and suggesting a continued uptrend toward the $0.30 mark. This move is seen as a potential start of a new bull trend, attracting increased trader interest and signaling strong market momentum in the altcoin sector. SEI's breakout above this pivotal level may lead to heightened trading volumes and further price appreciation in the near term, which could have a positive spillover effect on broader cryptocurrency market sentiment (source: Twitter, May 9, 2025).