- SEI hit over 1 million active accounts in December, marking strong growth.
- The price target for SEI is expected to range between $0.24 and $0.26.
- A breakthrough above the 21-Day MA signals a possible uptrend for SEI.
SEI has shown promising signs of growth, breaking through the 21-Day MA and signaling an uptrend. Analyst Michaël van de Poppe highlights the network’s expanding ecosystem and increased user engagement, with over 1 million active accounts in December. As liquidity builds, SEI aims for a price target between $0.24-$0.26 in the coming period.
SEI Shows Strength with 21-Day MA Breakthrough
SEI has demonstrated a positive shift in its market behavior by surpassing its 21-Day Moving Average (MA). Michaël van de Poppe noted that this technical indicator suggests the potential for further upward movement, with the next price target between $0.24 and $0.26.
In December 2025, SEI ranked as the most active Ethereum Virtual Machine (EVM) chain, with more than 1 million active accounts. This highlights the increasing user engagement and ecosystem development within the SEI network.
The significant amount of active addresses points to growing trust and adoption, which could fuel further market interest.
Market Liquidity and Short Squeeze Potential
The SEI network is seeing a surge in liquidity, particularly from short sellers. This accumulation of liquidity suggests a higher chance of a short squeeze, pushing the price further into the anticipated target range.
As the market awaits more liquidity to be pulled out, the potential for price increases is high. Traders are now eyeing the key resistance zone near $0.24-$0.26, with hopes that SEI will maintain its position above the 21-Day MA.
SEI’s price action also suggests a growing interest in the ecosystem’s developments. Breakthroughs in these key levels could lead to more optimistic projections, with traders betting on continued market strength.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
