Sei Network has announced the integration of USDC and the CCTP V2, which led to a significant rise in SEI token prices.
Integration of USDC and CCTP V2
Sei Network has announced the integration of native USDC and Circle’s Cross-Chain Transfer Protocol V2 (CCTP). This initiative aims to enhance liquidity and transfer speeds across chains. The launch allows seamless, low-friction transfers of USDC across supported blockchains. Circle emphasizes that this advancement marks a step towards enabling trusted digital dollars for DeFi, payments, and gaming.
SEI Price Breaks Key Resistance Level
The price of SEI surged to $0.32, a 21% increase over the last 24 hours and 25% over the past week. The 24-hour trading volume exceeded $590 million, while market capitalization rose to $1.81 billion. A significant resistance level at $0.2574 has been broken, now retesting as support. Analyst Robert Mercer noted the shift in price structure on his social media page, highlighting the successful breakout of the resistance level.
Trendline Break and Momentum Indicators
SEI also breached a descending trendline that limited its growth since early 2025. This breakout signals a shift from bearish to bullish momentum. If the upward trend continues, subsequent resistance levels may be set at $0.3313, $0.3968, $0.4866, and $0.5998. The RSI indicator currently stands at 67.73, close to the overbought threshold of 70, indicating strong momentum while warranting monitoring for short-term exhaustion.
The development of Sei Network with USDC integration opens new opportunities in the market, and the recent price increase of SEI tokens indicates growing investor interest.
