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SEI recently broke above its 21-day moving average, signaling the potential start of a fresh uptrend. What's particularly noteworthy is the consistent ecosystem development—they're not just riding momentum, but actually building.
The numbers speak volumes. Last December alone, SEI was the most active EVM-compatible chain, clocking over 1 million active accounts. That kind of adoption isn't accidental. With substantial liquidity positioned and ready to flow in, the conditions seem ripe for the next phase of growth.
The combination of technical breakout, genuine ecosystem expansion, and solid on-chain activity creates an interesting setup worth monitoring closely.
But on the other hand, the one million active accounts is real data, not just hype. The performance last December was indeed wildly growing, and it's not on the same level as other EVM chains.
Wait, is the liquidity ready to flood in due to ample liquidity? Are there really big funds waiting for opportunities, or is it just on paper? Figuring this out is more important than looking at moving averages.