As major cryptocurrencies such as Bitcoin and XRP move in unpredictable ways, a lesser-known competitor, the SEI Network, is making waves. Although it is positioned as an altcoin, Get used to it It is attracting attention due to strategic strengthening and stable improvement of blockchain data. The network aims to combine the benefits of Ethereum’s powerful network with the speed of Solana, and it signals what could be a pivotal moment. Get used to itmarket value.
How will Sei Network be restructured? Get used to it Will we reach the $1 mark by 2026?
How is the Sei network being restructured?
Sei Network is currently undergoing significant changes that may restructure its infrastructure. Central to this evolution is the move to a Layer 1 chain that is fully compatible with EVM, a process called “Giga” or SIP-3. This transition focuses on staking functionality via EVM, leads to the phase-out of IBC transfers, and requires users to migrate from Cosmos-based assets to native assets. USDC.
While this evolution poses short-term risks, it is consistent with Sei’s goals of simplifying the network and increasing speed and developer accessibility. By evolving to a focused EVM L1, Sei aims to eliminate its dual role as both a Cosmos network and an EVM network. This network aims to be a robust setup that includes a top-level RPC framework and advanced developer tools, effectively creating a seamless environment for EVM developers.
intention Get used to it Will we reach the $1 mark by 2026?
On-chain data suggests optimism despite structural changes. With a total of approximately $128 million locked in and net inflows gaining momentum, Say’s sessions are showing promising user engagement. The recent weekly increase in trading volumes on decentralized exchanges further highlights this active use.
Despite a strong start with a valuation above $1.14, Get used to itThe company’s prices faced downward pressure due to the overall market downturn. However, the long-term chart suggests strong and stable support between $0.10 and $0.12, providing a potential basis for a recovery.
Technical tools present a complex situation. A low RSI indicates subdued momentum, and there is a silver lining in the form of less selling pressure. If the currently negative MACD starts to improve, it could signal the beginning of a rebound. Still, a breakout of the severe resistance between $0.35 and $0.40 is considered necessary to target the $1.00 mark.
The broader crypto environment could also be shaken up Get used to itstory. Increased activity in Ethereum’s Layer 2 solutions and advances in Solana have increased interest in fast-paced blockchain networks, which aligns with Sei’s emphasis on efficiency and speed.
“Our focus on delivering a streamlined developer experience makes SEI a strong choice for blockchain developers looking to take advantage of speed without sacrificing practicality,” said a Sei Network spokesperson.
Get used to it continues to move forward with its transformation with clear goals in mind. The main takeaways are:
– Migration to a fully EVM compatible Layer 1 chain for improved staking capabilities.
– Phasing out IBC forwarding in favor of network native USDC.
– Below the key resistance zone, the price may stabilize between $0.10 and $0.12.
– Impact of broader market trends focusing on high-speed networks.
In the rapidly evolving cryptocurrency scene, sei Network stands out for its tactical manipulation of technical and market aspects. The development strategy emphasizes speed and user accessibility, aligning Sei with changes in both the technological framework and investor interests.
