SEI Eyes 55% Gains as Native USDC Launch Triggers Bullish Breakout | Smarti News – AI-Powered Breaking News on Tech, Crypto, Auto & More
SEI Eyes 55% Gains as Native USDC Launch Triggers Bullish Breakout

SEI Eyes 55% Gains as Native USDC Launch Triggers Bullish Breakout

2025-07-11
0 Comments Daniel Rivers

4 Minutes

SEI Surges Amid Breakout: Native USDC Integration Fuels Bullish Momentum

Sei (SEI) is capturing renewed attention in the crypto markets after breaking out from a prominent inverse head and shoulders chart pattern, signaling the potential for significant upside ahead. On July 11, SEI posted an impressive 26% daily gain, hitting a six-month peak at $0.33 before stabilizing around $0.32. This marks a remarkable surge of about 113% from its lows just last month, placing SEI firmly among the top-performing digital assets of the summer.

Currently, SEI commands a market capitalization of $1.78 billion, making it the 70th largest cryptocurrency by market value. Trading activity has soared, with daily volume increasing over 200%—a testament to surging trader interest and capital inflows as the ecosystem expands.

Game-Changing USDC Support and Cross-Chain Integration

The standout catalyst behind SEI’s recent rally is the announcement that it will soon offer native support for USD Coin (USDC), one of the most widely regulated and institutionally adopted stablecoins, directly issued by Circle. This native integration boosts confidence that SEI is positioning itself as a key player in the rapidly evolving world of decentralized finance (DeFi).

Adding even more utility, Circle also confirmed that Sei will integrate the Cross-Chain Transfer Protocol (CCTP), enabling users to transfer USDC seamlessly between leading blockchains such as Ethereum, Solana, and Avalanche—without the need for risky third-party bridges or wrapped tokens. These functionalities are expected to drive faster, safer, and more cost-effective cross-chain capital flows, paving the way for scalable, real-world payment and DeFi applications.

Technical Breakout Signals Further Upside

SEI’s upward trajectory received technical validation when the token broke above its inverse head and shoulders neckline at the $0.26-$0.27 range. A robust retest followed, confirming the legitimacy of the move. According to respected market analyst Crypto Feras, the measured move from the pattern’s base near $0.15 indicates a potential price target of $0.499—representing an upside of almost 55% from current levels. Other crypto strategists are even more bullish, suggesting SEI could reach as high as $1.50 by year-end if favorable market and ecosystem dynamics persist.

Bullish Catalysts Amplifying SEI’s Growth Story

Momentum indicators firmly support the bullish outlook. On the daily chart, the MACD has crossed above its signal line, and the Relative Strength Index (RSI) remains solidly upward—pointing to dominant buying pressure in the short term.

Open interest in SEI derivatives markets is also exploding. Data from CoinGlass shows that futures open interest has grown by over 210% in just three weeks, soaring from below $50 million in mid-June to approximately $318 million, reflecting growing institutional and speculative positioning for further price action.

On-chain data supports this trend. DeFiLlama reports that the total value locked (TVL) on SEI’s DeFi protocols has reached a record high of $1.4 billion, indicating a strong and growing user base and capital deployment within SEI-powered decentralized applications—not simply speculative trading of the token.

Institutional Validation and Regulatory Developments

Institutional interest in Sei is further highlighted by Circle’s recent IPO filing with U.S. regulators, where the stablecoin giant disclosed a holding of 6.25 million SEI tokens. This direct exposure underscores Circle’s confidence in Sei as a cornerstone of its broader blockchain strategy and signals growing attention from major players in the digital asset sector.

Meanwhile, Sei is under review by the Wyoming Stable Token Commission as one of just eleven blockchain infrastructures considered for the upcoming WYST stablecoin initiative. A decision is expected on July 17, and should Sei be selected, it would mark a pivotal step toward reinforcing its regulatory compliance and cementing its reputation as a trusted, institution-ready layer for blockchain innovation in the United States.

As native USDC support, cross-chain mechanics, bullish momentum, and institutional alignments converge, SEI appears well-positioned for continued growth within the competitive crypto ecosystem.

Source: crypto

"Hey there, I’m Daniel. From vintage engines to electric revolutions — I live and breathe cars. Buckle up for honest reviews and in-depth comparisons."

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