Sei (SEI) Price Eyes Breakout as Analysts Compare Chart to Sui’s 2024 Rally Pattern

Andrew Chen
SEI

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  • SEI’s chart mirrors SUI’s 2024 rally pattern, hinting at strong upside potential.
  • Analysts highlight a bullish double-bottom formation between May 2024 and June 2025.
  • Recent Chainlink and Crypto.com partnerships strengthen Sei’s ecosystem and investor confidence.

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Sei (SEI), the native token powering the trading-focused layer-1 blockchain, is drawing renewed investor attention after prominent crypto analysts highlighted bullish similarities between SEI and Sui’s (SUI) 2024 price pattern.

Analysts Spot Sui-Like Momentum in SEI

Crypto analyst Ali Martinez noted on X that SEI’s recent chart structure mirrors SUI’s setup before its explosive run from $0.75 in January 2024 to $5.35 by early 2025. Martinez’s observation suggests SEI could be on the verge of a similar momentum-driven breakout.

Another trader, Mister Crypto, reinforced this outlook, pointing to a double-bottom formation on SEI’s chart between May 2024 and June 2025 — a pattern often seen as a strong reversal signal. Historically, this setup preceded Sui’s major rally, hinting that SEI might follow a comparable path if market conditions align.

Sei’s Niche in the Layer-1 Landscape

While Sui built its success on a scalable, developer-friendly network for apps and games, Sei has carved out a more specialized niche. The blockchain is designed for speed and efficiency in trading, offering faster transactions and lower fees ideal for decentralized finance (DeFi) and exchange applications.

In recent months, Sei has partnered with Crypto.com and Chainlink, enhancing its ecosystem with institutional-grade custody and on-chain access to official U.S. economic data — a move that could strengthen its long-term fundamentals.

Also Read: $100B XRP at Risk? Could the U.S. Government Seize Ripple’s Escrow?

SEI’s Road Ahead: Potential Meets Market Reality

Currently trading at $0.28 with a market cap of $1.72 billion, SEI would need to climb to around $12 billion to match SUI’s past rally. While technicals suggest upside potential, analysts warn that broader macro conditions and market sentiment will likely determine the timing and scale of any breakout.

For now, SEI remains a token to watch — positioned at the intersection of strong fundamentals, favorable technicals, and growing institutional interest.

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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

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