Recently, the performance of the Layer 1 Blockchain project SEI has attracted market attention. On its first day of launch, SEI's price showed a strong pump momentum, rising by as much as 41%, reaching a new high of 0.28 dollars.

This outstanding performance has sparked heated discussions among analysts. Many industry experts predict that SEI is expected to break through the key resistance level of 0.29 USD, potentially initiating a new round of pump. This price movement not only demonstrates the potential of the SEI project itself but also reinvigorates the Layer 1 track.

The success of SEI indicates that high-quality Layer 1 projects still have strong market appeal and development potential. This price pump may just be the beginning of SEI's long-term growth trend, and investors are closely watching its subsequent performance.

However, the cryptocurrency market has always been highly volatile, and investors must remain cautious when making decisions. Whether SEI can maintain its current pump and break through the 0.29 dollar level still awaits further verification from the market.

Meanwhile, the entire cryptocurrency market seems to be experiencing a wave of rebound. Investors are also closely watching the upcoming semi-annual monetary policy testimony by Federal Reserve Chairman Powell, as well as the airdrop activity of the NEWT token on the Binance platform, as these factors may have an impact on the market direction.