Cryptocurrency analyst and trader Michaël van de Poppe believes that the Sei (SEI) token could significantly rise in this market cycle, emerging as a strong competitor to Solana 
$167 (SOL).
SEI’s Growth Potential
In a recent video to his 166,000 YouTube subscribers, Van de Poppe expressed that Sei’s native token, SEI, holds “a lot of growth potential.”
Expectation of Value Increase
According to Van de Poppe, SEI could show an increase ranging from 1,188% to 3,765% from its current level. This surge is contingent on SEI’s fully diluted valuation being between 50 and 100 billion dollars, along with the continued growth of the ecosystem.
“If we estimate SEI’s fully diluted value to be between 50 and 100 billion dollars and the ecosystem maintains its current growth while surpassing token inflation, a peak between 5 and 15 dollars for SEI seems plausible.” – Michaël van de Poppe
To initiate its upward movement, SEI needs to increase by approximately 30% from its current level and break past a significant resistance zone. Technical analyses indicate that SEI is currently consolidating within a narrow range and could target a new all-time high if it surpasses 0.50 dollars.
“Looking at the technicals, it is consolidating in a very narrow range. If it surpasses 0.50 dollars, it will attract all the liquidity above the previous highs, potentially achieving a new all-time high beyond Sui.” – Michaël van de Poppe
Currently, SEI is trading at 0.388 dollars. Van de Poppe underlined that this potential rise could present an attractive opportunity for traders.
