Karla Barker 
The cryptocurrency market started the new weekly candle on a mixed note, with some coins rallying while others fell behind. Among the top 100 cryptocurrencies by market cap, SEI, the native token of the Sei blockchain, stood out as one of the best performers. It gained 10% in the last 24 hours and might extend its rally soon, according to technical indicators.
What drove SEI’s rally?
The main reason behind SEI’s latest surge is the completion of its unified EVM architecture. The Sei team announced over the weekend that it has finished transitioning to a fully EVM-only setup. This means exchanges and custodians supporting the SEI token now need to migrate customer holdings before support for Cosmos and IBC-related functions is turned off.
Importantly, the team stressed that Sei EVM is not a separate chain. “It’s the same chain with a second way to interact with it,” Sei Labs said in the announcement. Any platform that treats “Sei” and “Sei EVM” as two separate integrations needs to combine them into one.
This move closes out SIP-3, the governance vote from May 2025 that approved Sei’s pivot to a purely EVM-based architecture. The transition has been gradual through 2026: EVM staking was added in January, inbound IBC transfers were disabled in February, and the native oracle was replaced by Chainlink, Pyth, and API3 in March.
Technical picture and price levels
On the 4-hour chart, SEI/USD looks bearish and inefficient, partly because of the recent rally. But momentum indicators suggest buyers are still in charge. The Relative Strength Index (RSI) sits at 70, which means the token is nearing overbought territory. That could attract selling pressure soon. Meanwhile, the Moving Average Convergence Divergence (MACD) lines are in positive territory, supporting the bullish case.
If the buying trend holds, SEI could break past the $0.0800 level in the near term. The next target might be the daily swing high at $0.09248 over the coming days or weeks.
However, if sellers regain control, the price could drop to support at $0.07021. Losing that level might push it lower toward the psychological mark of $0.06490.
For now, the market seems to favor the bulls, but it is always good to watch for signs of a reversal, especially as SEI enters the overbought zone. The broader market strength could help, but nothing is guaranteed in crypto.