• Cryptocurrency analysts predict that SEI will expertise a major improve and attain $2.
• Based on the analyst, a bullish reversal in SOL factors to the potential of reaching $150.
• Sei’s TVL surged 90%, outperforming Ethereum and Solana.

In a latest evaluation, a cryptocurrency skilled often known as Blunts shared his insights on X, sparking a debate about the way forward for sure altcoins. Bluntz spotlighted Sei, a layer 1 blockchain, and steered that the worth of its native token, his SEI, may improve considerably.

Evaluation means that SEI may rise considerably from its present worth, probably reaching the $2 stage.

Bluntz's predictions are primarily based on detailed technical evaluation and make use of Elliott Wave idea to chart the course of the SEI. This idea, which assumes that asset costs transfer in a predictable wave sample, means that the SEI's upward development will not be over but. Our evaluation reveals that SEI, at present buying and selling at $0.983, has damaged out of the downtrend line, suggesting that the upward momentum will proceed.

Moreover, the evaluation extends past Sei, with Brandts additionally predicting a optimistic trajectory for Solana. This forecast means that SOL's worth may rise and attain $150. This optimism is predicated on the continual formation of lows within the SOL/BTC pair, which indicators a bullish reversal. On the time of writing, SOL is buying and selling at $111.97, indicating a decline of two.77% up to now 24 hours.

Moreover, Coin Version beforehand reported that Sei and Sui have skilled important progress regardless of the general downward development. Sei's Whole Worth Locked (TVL) soared 90% to $18.02 million. This progress contrasts together with his lower than 30% improve, a modest improve seen in his TVL for Ethereum and Solana.