Sei Network Defends Key Support While Active Addresses Hit New Record

Markets 2025-10-24 09:43

Sei Network Defends Key Support While Active Addresses Hit New Record

SEI shows signs of recovery after tapping key demand near $0.189, as analysts foresee a potential rebound toward $0.21.

Despite recent declines, network activity continues to surge, surpassing Polygon, Sui, and Aptos in active addresses. Growing ecosystem traction and stable trading volume suggest renewed investor interest in its expanding Layer-1 blockchain ecosystem.

The Altcoin Holds Firm Around Key Demand Zone

The token is attempting to stabilize after a prolonged decline, trading near $0.19 at press time. According to analyst BlockchainBaller, the token recently tapped into a crucial demand zone around $0.189, an area that previously triggered strong buy-side reactions. The analyst noted that this level remains vital for short-term structure, as defending it could form the base for a potential recovery rally.

Sei Network Defends Key Support While Active Addresses Hit New Record

SEIUSDT| Chart | Source:x

BlockchainBaller identified $0.1963 and $0.2058 as important liquidity zones that could attract market attention. A reaction from these areas may determine whether the token extends its recovery or consolidates further.

Maintaining price action above the $0.189 level could encourage short-term accumulation and strengthen the likelihood of a move toward the $0.21 region. Failure to defend the current range could expose the token to deeper corrections.

Sei Network Surpasses Sui, Polygon, and Aptos in Active Users

According to data shared by analyst NekoZ, the network has surpassed several major Layer-1 blockchains—Sui, Polygon, and Aptos—in the number of active addresses. The update, sourced from a16z’s recent ecosystem report, places the token among the fastest-growing blockchain networks in terms of user participation. The network’s growth reflects rising demand for its infrastructure optimized for high-frequency trading and decentralized finance applications.

Sei Network Defends Key Support While Active Addresses Hit New Record

Source:x

The increase in active addresses signals expanding engagement across its ecosystem. It also shows broader participation among developers and users as decentralized exchanges and liquidity platforms continue to launch on the network. The ability to process transactions efficiently at low fees is contributing to its growing competitiveness among top-tier blockchains.

On-Chain Activity Strengthens Network Momentum

The altcoin’s consistent growth in daily active addresses indicates a healthy expansion in user activity. The data shows sustained adoption trends that differ from previous cycles, where user participation was limited. NekoZ pointed out that this increase represents organic ecosystem growth rather than speculative spikes, showing a steady rise in transactions and wallet activity.

The recent milestone demonstrates its maturing infrastructure and growing role in decentralized trading environments. Developers continue to build new applications on the network, while existing dApps benefit from its fast execution speed. The shift in network activity also shows the growing competitiveness of new-generation Layer-1s in capturing user traffic from established blockchains.

Market Performance and Short-Term Outlook

Between October 21 and October 23, 2025, the altcoin traded within a narrow range, dropping from around $0.19 to $0.185 before recovering slightly. The price action suggests that sellers tested lower levels, but buying pressure emerged near the demand area. This reaction indicates a defensive effort by bulls to protect short-term support and restore market balance.

Sei Network Defends Key Support While Active Addresses Hit New Record

SEIUSD 24-Hr Chart | Source: BraveNewCoin

Trading volume averaged around $120 million, reflecting steady participation despite recent volatility. Analysts view the $0.195–$0.20 range as near-term resistance, where a confirmed breakout could reinforce bullish momentum.

If the asset maintains stability above $0.185 and reclaims $0.20, a push toward $0.21 remains possible. Conversely, losing this support could lead to an extended retracement phase before the next accumulation cycle begins.

Share to:

This content is for informational purposes only and does not constitute investment advice.

Curated Series

SuperEx Popular Science Articles Column

SuperEx Popular Science Articles Column

This collection features informative articles about SuperEx, aiming to simplify complex cryptocurrency concepts for a wider audience. It covers the basics of trading, blockchain technology, and the features of the SuperEx platform. Through easy-to-understand content, it helps users navigate the world of digital assets with confidence and clarity.

How do beginners trade options?How does option trading work?

How do beginners trade options?How does option trading work?

This special feature introduces the fundamentals of options trading for beginners, explaining how options work, their main types, and the mechanics behind trading them. It also explores key strategies, potential risks, and practical tips, helping readers build a clear foundation to approach the options market with confidence.

What are the risks of investing in cryptocurrency?

What are the risks of investing in cryptocurrency?

This special feature covers the risks of investing in cryptocurrency, explaining common challenges such as market volatility, security vulnerabilities, regulatory uncertainties, and potential scams. It also provides analysis of risk management strategies and mitigation techniques, helping readers gain a clear understanding of how to navigate the crypto market safely.

Bitcoin historical price data and trends

Bitcoin historical price data and trends

This special feature gathers multiple articles on Bitcoin’s historical price data, analyzing past trends, market cycles, and key events that shaped its value. It also explores factors influencing price movements, providing readers with insights into Bitcoin’s long-term performance and market patterns.

Detailed Illustrated Guide to Contract Trading

Detailed Illustrated Guide to Contract Trading

This collection, "Detailed Illustrated Guide to Contract Trading," explains the fundamentals of contract trading, including futures and margin trading. It uses clear illustrations to simplify key concepts, risk management strategies, and order types, making it accessible for both beginners and experienced traders.