Sei is a Layer 1 optimized for the exchange of digital assets, a fully open source, general purpose blockchain.The advancements Sei has made to the underlying consensus mechanism and transaction processing enables parallel execution, industry-leading finality, and a smooth user experience for apps built on the Sei blockchain.Sei is designed to address the scalability and user experience problems that stop Web3 apps from growing to mainstream adoption. The exchange of digital assets is a universal function across gaming, social, NFT and DeFi applications.

1. SEI Basic Info

SymbolSEI
NameSei
Web Sitehttps://www.sei.io/
Wallet--
Source--
Explorerhttps://sei.explorers.guru/
Forum--
Mining
Supply1000000000
Available Supply4657499999
Market Cap892842749.8083
White Paper--
Is ICONone
Raised Funds-
Distribution-
Algorithm--
Proof--
Total1000000000
Release Date2023-08-02

2. SEI Technical Info

2.1 SEI Kline Chart Price

2.2 SEI Technical Analysis

The price is expected to experience continued downward pressure in the short term, potentially testing support levels around 0.18.
A consolidation phase is anticipated before a potential rebound.
There is a moderate probability of a bullish reversal in the mid-term, contingent on breaking above the 0.20 resistance level.
The trading volume suggests weakening selling momentum, which may support a future price recovery.
Overall, the market sentiment appears cautiously bearish with a possibility of stabilization and a gradual upward trend later.
The price may encounter resistance at 0.24.