Key Notes

Analysts see potential for SEI price rally, with short-term targets around $0.345 and long-term projections reaching $0.70 to $1.

The 21Shares SEI ETF is a passive fund tracking the CF SEI-Dollar Reference Rate and may include optional staking rewards.

SEI upside comes with support from previous DeFi activity, fee revenue growth, and strong TVL performance.

Earlier on Aug. 29, SEI price increased all the way to $0.31, following the development of 21Shares filing for a spot SEI ETF with the US Securities and Exchange Commission (SEC) on Thursday, Aug. 28. Market analysts are hopeful for the continuation of the rally, moving ahead with the expectations of SEI moving to $1 and beyond.

Analysts Predict SEI Price Breakout Soon

SEI is trading near $0.30, up 3.33% on the day, with

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