SEI jumped into the new week as one of the top performers among the largest tokens, rallying roughly 10% in the past 24 hours as the broader crypto market saw mixed momentum.
Why SEI moved
The immediate catalyst was a major engineering milestone from Sei Labs: the project has completed its transition to a unified, EVM-only architecture. In its announcement, the team stressed that “Sei EVM is not a separate chain — it’s the same chain with a second way to interact with it.” That clarification requires exchanges and custodians that treated “Sei” and “Sei EVM” as distinct integrations to consolidate customer holdings before Cosmos- and IBC-related functionality is deprecated.
This change finalizes SIP-3, the May 2025 governance vote that set the network’s pivot to a fully EVM-focused architecture. The migration wasn’t immediate — the rollout unfolded through 2026: EVM staking went live in January, inbound IBC transfers were disabled in February, and the native oracle was replaced by Chainlink, Pyth and API3 in March.
What the charts say
Technical indicators back the bullish case but warrant caution. Momentum remains positive: the MACD is in bullish territory and the 4‑hour RSI is around 70, approaching overbought levels that could invite short-term profit-taking. If buyers keep control, SEI could push past the near-term resistance at $0.0800, with the daily swing high at $0.09248 as a higher target.
On the downside, key support sits near $0.07021; a breach there could open the door to the psychological $0.06490 mark.
Bottom line
The completion of the unified EVM transition is a tangible, protocol-level development that likely underpinned SEI’s sharp move higher. Technicals favor further upside but show overbought conditions that could trigger pullbacks, so traders should watch the $0.080 resistance and the $0.070 support closely. Not financial advice.
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