• SEI Network shows strong upward momentum, driven by rising institutional interest and tokenization growth.
• BlackRock and Brevan Howard launch tokenized funds on the Sei Network via KAIO to boost institutional adoption.
• Analysts forecast a bullish breakout toward $0.36, with the coin nearing $0.33 resistance.

SEI is showing a potential for strong upward momentum with the growing institutional interest. Its price has increased by 1.88% over the last 24 hours, but it is slightly decreased by 3.38% over the last week.

At the time of writing, SEI is trading at $0.2827 with a market capitalization of $1.73 billion. Moreover, its trading volume stands at $158.76 million, marking a surge of 3.16% over the past day. This slight increment suggests that traders are gradually picking up new positions.

Source: CoinMarketCap

Sei Network Expands with Tokenized Funds

A prominent crypto analyst, The Wolf Of All Streets, highlighted that BlackRock and Brevan Howard have launched tokenized versions of their flagship funds on the Sei Network (SEI) via KAIO’s institutional infrastructure, marking a milestone for real-world asset tokenization.

This brings BlackRock’s USD Liquidity Fund and Brevan Howard’s Master Fund fully on-chain with real-time transparency and faster settlement. Using Sei’s high-speed blockchain, KAIO bridges traditional finance with DeFi’s composable ecosystem.

The development marks an influx of institutional capital going on-chain, with tokenized funds set to become foundational assets in decentralized finance. Investors are able to tap into regulated fund tokens for collateral and yield application. As the regulation progresses, the launch foretells an eventual convergence where TradFi and Web3 integrate into frictionless, 24/7 programmable finance.

Also Read: Sei Price Targets $0.36 After Institutional Fund Launch

SEI Gears Up for Potential Breakout Toward $0.36

A prominent crypto analyst, Ali, revealed that Sei Network’s native token, SEI, is flashing a bullish breakout as both the fundamentals and technicals are on the same page. The DeFi- and trade-focused Layer-1 blockchain is gaining momentum with increased network activity and ecosystem development. Fortifying partnerships and widening developer adoption are still propelling the bullish vibe.

Source: X

On the charts, SEI is getting close to a key resistance level at $0.33, aided by heavy volumes and improving momentum indicators. A clear breakout above this point would have the potential to reach $0.36, confirming the bullish direction. As investor confidence grows, chart technicians are watching Sei for an unmistakable bullish direction.

SEI Indicators Suggests Consolidation Before Next Move

The Sei (SEI) weekly chart is showing a minimal bearish angle, hinting at weakened bullish momentum after the recent rallies. The RSI (49.10) is located below the signal line (53.10), illustrating dwindling momentum together with neutral sentiment. As the RSI fluctuates around 50, the market is witnessed to be neutral, leaning marginally bearish until the buyers take over.

Source: TradingView

The MACD displays that the MACD line (0.00066) is below the signal line (0.00476). Shrinking green histogram bars indicate diminishing bullish momentum and the potential for a bearish crossover. Generally, Sei appears to be consolidating, and there is potential for either consolidation or a small pullback during the next sessions.

Also Read: Sei Poised for $2 Breakout Following Massive Network Revenue Growth