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SEI’s price is consolidating in a symmetrical triangle pattern, with analysts predicting a potential 40% surge if it breaks above $0.35. The token’s network activity has surged, with active addresses up 84% over three months, crossing one million users. The recent launch of Monaco, a high-speed institutional trading protocol, is driving renewed interest in the ecosystem.
- SEI forms symmetrical triangle pattern with potential 40% upside to $0.44 if $0.35 resistance breaks
- Network activity surges 84% in 3 months with over 851k daily active addresses, occasionally crossing 1 million
- New Monaco protocol enables institutional DeFi trading with sub-second execution and settlement
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