SEI at Launch Price Again — Buy Zone or Trap? Here's What the Data Shows

SEI is back where it started, trading near its launch price, and that's got traders talking. Some see this level as a solid entry point, while others wonder

SEI has returned to trade at its launch price again, a level that has traders discussing whether it's a buy zone or a potential trap.

The Level Is Pivotal For SEI Bulls

SEI is back to where it started, and that has traders discussing whether the level is a good entry point or not.

"Is $SEI the most under-the-radar U.S.-aligned L1 right now?," asked crypto analyst Axel Bitblaze. "Looking at the fundamentals and recent news: Recently launched Sei Development Foundation in Manhattan U.S. @worldlibertyfi scooped $775K SEI recently, which shows clear positioning and alignment with the U.S. institutional investors."

Indeed, World Liberty Finance (WLFI) was recently granted permission to buy cryptocurrencies with the funds in its treasury. Shortly after the news broke, WLFI announced an investment of $775,000 in SEI.

"Also, SEI’s TVL has grown 10x in the past year to $400M. Daily active users and smart contracts deployment hit all-time highs. More than 53% of the circulating supply is now staked across 62K+ wallets," added Bitblaze.

According to crypto analyst Bobby, around 100.9 million SEI tokens are set to be unlocked today at 12:00PM(UTC). That’s about 1.14% of the total 10 billion token supply.

According to a breakdown by Tokenomist, 54.06 million tokens are from private sales, 41.09 million are team tokens (part of the vesting schedule), 4.8 million go to the ecosystem, and 954,000 are for the foundation.

This unlock was expected, but it’s one of the heavier allocations we’ve seen.

It’s also worth noting that over half of SEI’s total supply is already in circulation (around 5.1 billion tokens). The project’s fully diluted valuation comes in at roughly $1.7 billion, while its live market cap is around $922.62 million.

Good Morning Crypto: 100.9M $SEI tokens will be unlocked by 12:00PM(UTC) today, which is 1.14% of total supply of 10 Billion Tokens

Breakdown (by Tokenomist):

• 54.06M SEI → Private Sale

• 41.09M SEI → Team (vesting)

• 4.80M SEI → Ecosystem

• 954K SEI → Foundation

This unlock was…

What Is Next For SEI Price?

Technical analysis suggests SEI price is testing a historical support level again. The chart shows the coin is currently trading back at the same price range it was at launch.

This retracement follows a prior rally, which could be setting the stage for price stability at this juncture, market observers note.

Depending on how price reacts over the coming days and weeks, and also considering broader market trends, this could be an interesting level for traders to watch from either an entry or exit perspective.

Moreover, Web3 enthusiast Vishnu Greatest reported that SEI price gained over 21% in the past week, with 24-hour trading volume exceeding $97 million.

This surge follows a period of price declines from previous all-time highs, highlighting the rapid shifts occurring in the crypto market. Greatest adds that the market cap of SEI is nearing $1 billion, while over 5.1 billion SEI tokens are already in circulation.

This level of activity suggests growing network usage, investor engagement, and broader interest in the SEI ecosystem across its various DeFi, NFT, and GameFi developments.