$SEI Network is hovering near the recent ATL at $0.0648, and it looks very much like a true capitulation zone: exhausted sellers are giving up. Graphically, the price remains under downward pressure (below the 7-day EMA at $0.084 and the 25-day EMA at $0.14), a legacy of the $0.73 peak in early 2025.
But the 3-day RSI is ultra-oversold, a sign of exhaustion. A breakout above $0.084 with strong volume could launch the price towards $0.15–$0.20, then target $0.32 or even $0.47–$0.62 in the event of a true bull run.
Fundamentally, Sei Network is progressing well: mainnet v6.3 is live, the Giga upgrade is underway (targeting 200k+ TPS), and it's fully EVM-only, which is attracting developers.
Strong partnerships with Xiaomi (pre-installed wallet + Q2 stablecoin payments), Ondo (USDY live), Toku (fast crypto payroll),
Market cap ~$460–465M out of 6.73 billion in circulation:
clearly undervalued given adoption (99M+ wallets, leading EVM on some metrics). Despite unlocks, the DeFi narratives
#sei #StrategyBTCPurchase