SEI Daily Active Addresses Hit 1.37 Million as Price Consolidates Above $0.12
The post SEI Daily Active Addresses Hit 1.37 Million as Price Consolidates Above $0.12 appeared on BitcoinEthereumNews.com.
TLDR: SEI price holds above $0.12, signaling base formation and consolidation. Daily active addresses rose to 1.37M in December, up 60% month-over-month. 24-hour trading volume reached $41.6M, reflecting steady market activity. Resistance near $0.157 is the next level for potential upward movement. The price of SEI is $0.1214 as of writing, down 0.37% in 24 hours. Trading volume reached $41.6 million. The token gained 3.92% over the past week. SEI holds above key support near $0.120. Daily activity and ecosystem growth suggest cautious accumulation and potential upward momentum. SEI Network Finds Support and Shifts Momentum SEI Network price analysis shows the token recovering from a prolonged downtrend. The $0.10–$0.12 support zone absorbed selling pressure, signaling a base formation. Multiple touches at this level indicate sellers are no longer pushing the price lower, while buyers maintain interest. Price curling toward the 21-Day moving average marks a key technical shift. $SEI broke through the 21-Day MA and is starting a new uptrend. I can’t deny the fact that they have been constantly growing their ecoysystem. Most active EVM chain in December with more than 1M active accounts. This would mean that, given the amount of liquidity that’s ready… pic.twitter.com/hHPizqtlDR — Michaël van de Poppe (@CryptoMichNL) January 3, 2026 This MA previously acted as resistance during the decline. Reclaiming it could indicate a move from distribution to recovery. The price currently oscillates between $0.120 and $0.124, reflecting a balanced market between buyers and sellers. Volume remains stable but muted, typical of a consolidation phase. This compression suggests the market is preparing for a directional move. The horizontal resistance near $0.157 is the next level to watch. Approaching this area may trigger volatility as liquidity pockets interact with the price. Ecosystem Growth Drives User Engagement SEI Network achieved 1.37 million daily active addresses in…
Filed under: News - @ January 3, 2026 11:53 pm