Sei Network Reports 368% Growth in Transaction Fees and TVL Hits $612.11 Million
Sei Network (#SEI) Growth Overview
- Sei has experienced a 368% increase in transaction fees over the past 30 days, leading all chains.
- This growth surpasses other networks: Unichain (+57%), Avalanche (+44%), Aptos (+27%), Gravity Chain (+24%).
- Total Value Locked (TVL) reached an all-time high of $612.11 million, with a nearly 2% gain in the last 24 hours, indicating increased institutional interest.
- The Real World Asset (RWA) market surged by approximately 260%, growing from $8.6 billion to over $23 billion in the first half of 2025.
Market Analysis
- Analyst Alex Clay noted a breakout from an inverse Head and Shoulders pattern on the weekly chart, suggesting a potential trend reversal.
- Current price targets are set at $0.4895, $0.6720, and $0.8900 based on historical resistance levels.
- The Relative Strength Index (RSI) is at 62.67, indicating strong upward momentum without being overbought.
- The MACD shows positive momentum, supporting a bullish outlook.
- Fibonacci retracement indicates consolidation below $0.2925, with support levels at $0.2665 and $0.2455.
Overall, Sei Network's robust metrics and technical indicators point to a favorable investment landscape.