SEI Tops Ethereum in On-Chain Activity – Price Pumps on Growing Hype

The Sei Network just pulled off something big – and the numbers prove it. On June 25, Sei recorded 609,400 daily active addresses, officially overtaking Ethereum (593,600) and even leaving Sui, TON, and Avalanche in the dust. This surprising chart, shared by Artemis and highlighted by a community member, marks a significant moment for the growing Layer 1.

While many assumed Ethereum would hold the top spot in active users for the foreseeable future, Sei’s rapid climb suggests otherwise. The tweet that triggered the buzz simply read: “SEI flipped ETH in active addresses along SUI. Sei has 609k active addresses, which is higher than TON & even Avax. It’s just the beginning of SEI summer.”

Whether that “SEI Summer” narrative plays out long-term remains to be seen – but for now, Sei’s on-chain activity is clearly exploding. Daily usage is one of the strongest indicators of real adoption, and surpassing Ethereum in that metric isn’t just symbolic, it’s attention-grabbing.

$SEI flipped ETH in active addresses along SUI Sei has 609k active addresses, which is higher than TON & even AvaxIt's just a beginning of SEI summer pic.twitter.com/3XpBOtMfx2

— Ryuzaki SEI (@Ryuzaki_SEI) June 27, 2025

SEI Price Chart Signals Momentum

Looking at the SEI/USD 4-hour chart, the recent price action is just as notable as the on-chain data. SEI broke above its 200-day moving average at $0.2678 – a major technical resistance – and now sits at $0.2861 after a 4.26% daily jump. The RSI is currently at 61, which shows bullish momentum but not yet overbought territory, giving SEI some room to climb further.

The SEI price did a sharp breakout above $0.30 earlier this week before pulling back, but support held near the 200-day MA. The quick bounce and continued higher lows signal that bulls are gaining confidence, especially with strong user activity backing the move.

Source: TradingView

Volume has also picked up significantly during this rally, another confirmation that the recent breakout wasn’t just a fluke. If SEI can reclaim $0.30 and hold it, the next short-term target sits around $0.34–$0.36, with potential to revisit this month’s local highs.

Read also: Ripple Insider Predicts XRP Settlement Path – “The New SEC Is More or Less the Same”

Short-Term Price Forecast: Can SEI Keep Climbing?

If Sei’s surge in active addresses continues to translate into broader adoption and ecosystem growth, the bullish case strengthens. On the technical side, holding above $0.267 and pushing back toward $0.30 would signal that buyers are in control. A clean breakout above that level could open the door to $0.36, and even challenge $0.40 over the coming weeks.

On the flip side, if SEI fails to hold the 200-day MA and drops back below $0.26, the rally may cool off and test the $0.23–$0.24 zone for support.

Still, the fact that Sei has flipped Ethereum in daily usage – even if briefly – is no small feat. With the chart and momentum on its side, the short-term outlook for SEI remains bullish.

And if this truly is the beginning of “SEI Summer,” the next leg up might be just getting started.

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