SEI Gains 10% Percent as Volume Soars and Market Breaks Out
SEI moved past resistance as day-to-day volume passed $427 million with a 10% gain. An everyday candle light breakout was confirmed by high volume and strong analyst signals. The SEI token was picked as a WYST pilot finalist, which helped press market interest SEI is flashing bullish signals after breaking out of a descending channel and forming a clear rounded bottom near the $0.1582 cost level. The combination of cost and volume adds strength to the existing structure and indicates that the move has depth.
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What Ought To the Market Anticipate Next?With technicals aligned and volume supporting cost, SEI holds a short-term breakout and a midterm bullish case. On Thursday, SEI was named one of two finalists for a USD-backed stablecoin pilot, increasing market sentiment.
Major update: Wyoming picks Sei for its main stablecoin pilotSei, with a rating of 30, ranked above leading competitors like Base (25 ), Sui (26 ), Avax (27 ), Ethereum (26 ), Algorand (21 ), and Ripple utilizing a formal scoring guide that compared things like performance, userbase, … https://t.co/fFhIHRXpD4— Phillip (@phillip_xyz) June 19, 2025Despite placing behind Aptos, SEI exceeded competitors like Ethereum, Solana, Ripple, Polygon, and Avalanche.