SEI TVL closes in on 1,000,000,000 USD but price still down 83% from 2024 highs – when will it recover?

SEI’s Total Value Locked has reached nearly 1,000,000,000 USD, indicating a significant increase of 12.12%. This growth highlights its expanding ecosystem.

Currently, SEI is valued at 0.1880 USD, 83% lower than its high of 1.14 USD seen in March 2024, reflecting a disconnection between its market valuation of 1,000,000,000 USD and earnings.

Technical analysis suggests potential breakout opportunities for SEI, with targets set at 0.251 USD and 0.2845 USD, indicating a possible upward trend ahead.