24.06.2025 13:13

SEI, a Layer-1 (L1) cryptocurrency, experienced a remarkable price surge today, increasing by over 36% within the last 24 hours, making it the day's top-performing asset. This significant jump coincides with a considerable spike in network inflow volume, a clear indicator of renewed investor enthusiasm and substantial capital flowing into the Sei Network.

The Sei Network's performance stands out, boasting one of the highest net inflows across all blockchain networks in the past 24 hours. Data from Artemis reveals that it secured the fourth position in bridged net flows, surpassing even prominent networks like Solana. This impressive inflow totalled $3 million, a stark contrast to Solana's $5 million net outflow during the same period. Only Arbitrum, Base, and Ethereum exhibited larger net inflows. This influx of capital strongly suggests growing user engagement and a surge in investor confidence within the Sei ecosystem.

Further bolstering this positive trend is the rise in SEI's Chaikin Money Flow (CMF) indicator, currently standing at 0.22. This indicator, which gauges the balance between buying and selling pressure, signifies that accumulation currently surpasses selling activity among SEI holders. A CMF reading above zero, as is the case with SEI, confirms that the rally is fueled by robust demand and healthy liquidity. Conversely, a negative CMF would indicate market dominance by selling pressure.

Currently trading at $0.28, SEI has reached a four-month high, defying the broader market's recent sluggishness. In the past week alone, while the overall market showed little movement, SEI's price has skyrocketed by over 65%. Given the substantial inflows and positive momentum indicators, SEI's upward trajectory may well continue in the short term, provided demand remains strong and investor confidence persists.