Sei Network Gets MetaMask Support as Buy Signals Emerge for SEI Token, $0.5 on the Horizon

3 days ago

MetaMask, 1 of the astir wide utilized Web3 wallets with implicit 100 cardinal users, has officially integrated the Sei Network, a Layer-1 blockchain known for its velocity and scalability.

This large update present allows users to entree Sei’s decentralized applications (dApps), tokens, NFTs, and execute SEI transactions straight from MetaMask, without the request for third-party tools oregon bridges.

With this integration, the full fig of supported blockchains successful MetaMask rises to 11, further strengthening its presumption arsenic a starring multi-chain wallet. A dedicated Sei conception wrong the MetaMask Portfolio present offers users a creaseless introduction constituent to the network’s gaming, DeFi, and NFT ecosystem.

Sei’s Ecosystem Growth Fuels Investor Optimism

The timing of this integration couldn’t beryllium amended for the token. The web has precocious achieved important maturation milestones: implicit 4.2 cardinal regular transactions, a TVL surpassing $600 million, and 11 cardinal monthly progressive users, each since launching its EVM-compatible concatenation little than a twelvemonth ago.

The tokenimproved accessibility done MetaMask is expected to pull much developers and users alike, expanding the scope of its high-performance blockchain infrastructure. According to Justin Barlow of the Sei Development Foundation, this marks a strategical leap toward making Sei the “best EVM ecosystem.”

Market involvement successful the SEI token has already responded positively, with a 2.5% uptick post-announcement, and much upside could beryllium successful play.

SEI SEIUSDT SEI NETWORK

SEI's terms trends to the upside connected the regular chart. Source: SEIUSDT connected Tradingview 

Bullish Indicators Suggest This Crypto Could Hit $0.50 Soon

Several method indicators are flashing greenish for the token. The Supertrend indicator has flipped bullish connected the play chart, a awesome antecedently followed by important terms increases. Supporting metrics include:

  • RSI (14): 51.3 — Neutral, country to climb
  • Stochastic (9,6): 63.4 — Buy signal
  • ADX (14): 28.9 — Strengthening trend
  • Williams %R: -43.5 — Momentum building

Crypto expert @ali_charts predicts SEI could soon scope $0.54, citing beardown illustration operation and renewed capitalist confidence. With increasing on-chain activity, seamless MetaMask access, and method support, the SEI token appears poised for a breakout.

The MetaMask’s Sei integration is not conscionable a triumph for convenience, it signals a bullish stake connected the aboriginal of decentralized interoperability arsenic Web3 shifts toward a multi-chain reality.

Cover representation from ChatGPT, SUIUSD illustration from Tradingview

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