SEI is entering a crucial stage in its market, attracting trader attention as it prepares for a possible expansion leg. The token has shown significant growth and is now retesting key support, providing accumulation opportunities.
SEI’s First Wave and Market Response
Crypto analyst Crypto Patel noted that SEI has already delivered 145% gains from its initial entry zone. This surge stemmed from a previous accumulation area that triggered a powerful breakout and confirmed a robust underlying bullish structure.
The move marked SEI’s first expansion phase, rewarding early participants while reinforcing market confidence in its trajectory. Strong demand and consistent buying pressure created a favorable setup for a retracement and possible re-entry.
Accumulation Phase and Bullish Projections
Patel noted that SEI’s current pullback could form the base of a second accumulation phase before the next upward cycle. If this zone holds, it may provide a rare chance for disciplined participants to enter at discounted levels.
The bullish projection estimates potential upside between 10x and 20x from current accumulation ranges. Targets set by Patel include $2, $3, $4, and $5, reflecting gradual stages of expansion during the broader bull cycle.
Adoption Metrics and Network Activity
Adoption metrics provide further support to SEI’s positioning within the market. According to unofficial source Sei Intern, the blockchain has risen into the top three busiest EVM chains.
This growth means SEI is now ahead of established networks such as Ethereum, Polygon, and Arbitrum in active addresses. This milestone reflects rapid scaling, increased user activity, and growing recognition of the network’s speed and capacity.
With both technical structure and adoption trends aligning, SEI enters a decisive phase as traders monitor its re-entry zone.
