MetaMask, one of the most prevalent Web3 wallets boasting over 100 million users, has officially incorporated the Sei Network, a Layer-1 blockchain recognized for its speed and scalability.
This significant update enables users to access Sei’s decentralized applications (dApps), tokens, NFTs, and execute SEI transactions directly through MetaMask, eliminating the necessity for external tools or bridges.
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With this incorporation, the overall number of supported blockchains in MetaMask climbs to 11, further solidifying its status as a prominent multi-chain wallet. A specific Sei section within the MetaMask Portfolio now provides users with a seamless gateway to the network’s gaming, DeFi, and NFT ecosystem.
Sei’s Ecosystem Expansion Boosts Investor Confidence
The timing of this incorporation is perfect for the token. The network has recently accomplished notable growth milestones: over 4.2 million daily transactions, a TVL exceeding $600 million, and 11 million monthly active users, all achieved since debuting its EVM-compatible chain less than a year ago.
The enhanced accessibility of the token through MetaMask is anticipated to draw in more developers and users alike, broadening the reach of its high-performance blockchain framework. As noted by Justin Barlow of the Sei Development Foundation, this represents a strategic advancement toward establishing Sei as the “premier EVM ecosystem.”
The market interest in the SEI token has already reacted positively, with a 2.5% rise following the announcement, and further gains could be forthcoming.
SEI's price trends upward on the daily chart. Source: SEIUSDT on Tradingview
Positive Indicators Suggest This Cryptocurrency Could Reach $0.50 Soon
Several technical indicators are signaling bullish sentiments for the token. The Supertrend indicator has turned bullish on the weekly chart, a sign that has previously been followed by significant price increases. Supporting indicators include:
- RSI (14): 51.3 — Neutral, potential for increase
- Stochastic (9,6): 63.4 — Buy signal
- ADX (14): 28.9 — Strengthening trend
- Williams %R: -43.5 — Momentum accumulating
Crypto analyst @ali_charts forecasts that SEI could soon hit $0.54, attributing this to robust chart patterns and renewed investor confidence. With increasing on-chain activity, effortless MetaMask accessibility, and technical backing, the SEI token appears ready for a breakout.
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The MetaMask integration with Sei is not merely a win for convenience; it reflects a bullish outlook on the future of decentralized interoperability as Web3 transitions towards a multi-chain reality.
Cover image from ChatGPT, SUIUSD chart from Tradingview
