SEI is finally getting the attention many long-time holders have been waiting for. As of today, the total value locked (TVL) on SEI has hit a new all-time high of $602.42 million, according to DeFiLlama. That’s a huge milestone and shows just how much confidence users and developers have in the ecosystem right now.
Just one year ago, SEI’s TVL was sitting under $100 million. Since then, we’ve seen a steady rise in liquidity, with big jumps especially over the last few months. Now, with over $600 million locked in DeFi protocols on the chain, SEI is starting to catch up to some of the more established Layer 1 networks.
The growth in TVL is being driven by several key factors. First, the DeFi ecosystem on SEI has been expanding rapidly. More apps are launching, liquidity pools are getting deeper, and users are starting to take notice. We’re also seeing more bridges and integrations pop up, making it easier to bring assets from other chains onto SEI.
BREAKING: $SEI ( @SeiNetwork ) crossed $600,000,000 in TVL for the first time ever🔥
Beginning of the sei summer 🇺🇸 pic.twitter.com/6GeM2cXNCE
— Ryuzaki SEI (@Ryuzaki_SEI) June 29, 2025
At the same time, investor interest is rising. This isn’t just retail FOMO. There’s real capital coming in, and it’s sticking around. That’s a good sign that SEI isn’t just having a moment – it’s building something sustainable.
SEI/USD Chart Breaks Above 200-Day Moving Average
Now let’s talk price. On the 4-hour SEI/USD chart, we’re seeing some serious movement. The SEI price just broke above the 200-day moving average, which had acted as resistance for months. That’s a big shift. Whenever a token flips that long-term moving average into support, it usually means bulls are back in control.
At the time of writing, SEI is trading around $0.3099, up over 5% on the day. The RSI is at 66.2, which shows that the token still has room to move before entering overbought territory. Momentum is clearly on the bulls’ side, but there’s still some caution in the market.
If the rally continues, the next resistance zone to watch is around $0.34 to $0.36. That’s where SEI got rejected back in February and March. A clean breakout above that range could open the door for a run to $0.40 or even higher.
On the flip side, if momentum stalls and SEI falls back below the 200DMA (currently at $0.2665), we could see a retest of the $0.28–$0.26 support zone. But with strong TVL growth and fresh hype surrounding the ecosystem, bulls seem to have the edge for now.
What It All Means
The fact that SEI’s TVL is at an all-time high while the price is just beginning to recover is actually a pretty bullish signal. Usually, price leads fundamentals. But in this case, the fundamentals – like rising TVL and more apps going live – are leading price. That means we could still be early in this next leg up.
SEI isn’t trying to be the next Ethereum or Solana overnight. But it’s showing strong signs of maturity. More developers are building here, more capital is flowing in, and now the chart is waking up too.
For now, the most important levels to watch are that $0.34–$0.36 resistance zone on the upside and $0.2665 as key support. As long as SEI holds that 200-day moving average and TVL continues to rise, this could be the beginning of a longer bullish phase.
We’ll be watching closely to see if price catches up to the fundamentals – because if it does, SEI could be one of the breakout Layer 1s of 2025.
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