Sei Network’s Smart Contracts Surge Positions SEI for $0.155 Breakout

Smart contract activity on Sei Network just hit a new gear—and the market's taking notice. The infrastructure built for high-frequency trading is finally seeing the developer influx it was designed for. That growth isn't just a metric; it's rocket fuel for the SEI token's valuation.

The Technical Catalyst

Forget vague promises. The surge in deployed contracts represents raw, on-chain utility. Each new contract means more transactions, more fees burned, and more value accruing to the SEI token itself. The network's parallelized execution engine isn't just sitting idle anymore—it's processing real economic activity. That's the kind of fundamental shift that technical analysts dream about.

Market Mechanics in Play

This isn't about hype. It's about simple tokenomics: increased network usage directly pressures the supply of SEI. With more activity locked into the ecosystem, the float tightens. Combine that with a bullish broader market sentiment—where traders are desperately hunting for the next layer-1 narrative—and you have a perfect setup. The $0.155 level isn't a random number; it's the next major liquidity pool and resistance zone on the chart. A break above that flips it into support and opens the path for a much larger move.

The target sits there, clear as day, waiting for the order flow to catch up to the on-chain data. Of course, in crypto, fundamentals sometimes take a backseat to memes and influencer pumps—a cynical reminder that even the best tech needs a good marketing budget. But this time, the numbers might just do the talking for themselves.

SEI Maintains Bullish Momentum With $0.155 in Focus

However, the crypto analyst, Sjuul, pointed out that the price of the token is still thrusting its way up, with its price movements depicted clearly in a clean bullish pattern. The price of the token is currently in the region of $0.135, indicating that strong buy pressure has been in play throughout the period of the price thrust.

Source: X

Participants in the market who identified the token in the early stages of the trend are currently reaping the benefits as the trend develops further. It is expected that if the bulls continue, analysts are targeting a short-term price level for the token at $0.143, while the long-term price is projected to reach $0.155. SEI’s persistence in its price action makes it one of the best performers in the market cycle.

Technical Indicators Suggest Cautious Optimism

From the chart, it can be observed that there are price movements for the token, which is bullish, represented using candlestick charts. Presently, the price for the token is at $0.13313, which has fallen by a value of 2.76% within the day. The EMAs indicate that there is a downward trend since short-term averages are lower than long-term averages. The support level is at $0.12108.

Source: TradingView

The Relative Strength Index (RSI) is 56.16, indicating that the market is in a neutral position, meaning that there are neither overbought nor oversold conditions in the market. The resistance level is seen at $0.20406. Despite the recent drop in the price, the market is likely to stabilize due to the absence of overbought or oversold conditions in the lower levels.

Also Read: Sei Network Momentum Signals Imminent Price Rally Toward $0.1334