SEI V2 integrates parallel stack for Layer 2, future price outlook mixed

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By Jason Walker

The innovative “parallel stack” framework, designed to build efficient rollups and Layer 2 solutions leveraging parallel processing, is now integrated into SEI V2. This advancement is poised to address performance bottlenecks commonly faced by Ethereum’s Layer 2 blockchains, suggesting potential for sustained value appreciation for SEI in the long term. While SEI exhibits upward price momentum, its trajectory remains sensitive to broader market sentiment.

An examination of SEI’s market indicators reveals a current bearish sentiment, with the price trading below key moving averages and the 50% Fibonacci retracement level. Recent technical analysis highlights negative momentum and rising market volatility. The 4-hour chart indicates a neutral market condition with indecisive trading, and the Relative Strength Index (RSI) is situated in neutral territory, suggesting neither strong buying nor selling pressure.

Current technical assessments from daily moving averages indicate a predominantly “SELL” signal across short to medium-term periods, with only the 200-day SMA suggesting a “BUY.” Similarly, daily exponential moving averages reinforce the bearish outlook with “SELL” signals across most periods. This suggests caution for short-term traders, though longer-term trends may differ.

Market analysis indicates a neutral trading environment for SEI with reduced trading volume, implying a lack of significant investor interest at present. Key resistance is observed around the $0.39 level, with a potential downside target at the swing low of $0.26 if this level is not maintained.

Recent developments, such as the SEC’s acknowledgment of a Canary Capital SEI ETF filing, mirror patterns seen with Bitcoin ETFs and may foster retail optimism. However, the potential for thin liquidity within SEI’s market could exacerbate price volatility, particularly if there are delays in ETF approvals.

Based on current projections, SEI is anticipated to trade at an average price of $0.28 in 2025, with a potential range between $0.14 and $0.38. Looking further ahead, forecasts suggest a significant upward trend:

Year Potential Low ($) Potential Average ($) Potential High ($)
2026 0.4855 0.4993 0.5933
2027 0.7054 0.7254 0.8574
2028 1.0200 1.0500 1.2100
2029 1.4200 1.4600 1.7700
2030 2.0200 2.0800 2.4800
2031 2.9100 2.9900 3.5100

These long-term projections, which place SEI’s average price at $0.73 in 2027 and $2.08 in 2030, are contingent on factors such as increasing global recognition and adoption of the SEI network. While some analysts predict SEI could surpass $1 in 2028, reaching $10 or $100 by 2031 appears unlikely under current modeling.

SEI’s growing utility and its compatibility with Ethereum’s Virtual Machine (EVM) position it to capture market share from Ethereum. Despite a current bearish technical sentiment, future price predictions remain optimistic. However, it is crucial to acknowledge that significant market downturns or stringent regulatory environments could adversely affect these forecasts.

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