SEI and SUI, two rapidly growing Layer-1 blockchain tokens, have seen a robust surge in prices this July, driven by heightened user activity, strong technical breakouts, and expanding Total Value Locked (TVL) across their respective DeFi ecosystems. As of July 15, SEI trades around $0.34 while SUI is hovering near $3.94—marking gains of over 30% and 44% respectively for the month.

This bullish move comes amid rising interest in newer Layer-1 networks that promise scalability, low latency, and institutional-grade infrastructure. Let’s dive into the key drivers behind this rally and where prices might be heading next.

 SEI Network Sees Explosive On-Chain Activity

Sei Network (SEI) has been gaining traction due to its focus on high-frequency trading infrastructure and parallelized execution. In July alone, TVL surged past $650 million, while daily transactions spiked over 200%, showing a dramatic uptick in user participation.

This on-chain strength has translated into market momentum. SEI recently broke key resistance levels around $0.27–$0.33, and now appears poised to retest the $0.35–$0.41 range. If bullish sentiment persists, analysts see the possibility of a longer-term rally toward the $0.94 mark—a price target backed by macro trendlines and Fibonacci extensions.

SUI Sets New Records with TVL Above $2.2 Billion

Sui Network (SUI) is another breakout performer in July. The Layer-1, built on the Move language, has seen exponential growth in DeFi usage. Sui’s TVL crossed the $2.2 billion mark this month, setting a new all-time high and placing it in the upper echelon of blockchain networks by DeFi value.

This surge in fundamentals has powered SUI past its key resistance at $3.89. With bullish market structure and rising open interest, traders are eyeing the $4.30 to $5.00 range as the next major hurdle. Sui’s developer ecosystem is also expanding rapidly, with new dApps and cross-chain integrations expected in Q3 2025, adding further tailwinds to its price action.

What’s Next for SEI & SUI Prices?

The SEI price has been maintaining a steep ascending trend since the mid of June and has been forming consecutive higher highs and lows. The latest rise is a result of a breakout from the neckline of the double-bottom pattern. The price is constantly hitting the resistance at above $0.355, and hence, a breakout could be imminent. 

As seen in the above chart, the 50-day MA & 200-day MA are about to undergo a bullish crossover, which indicates a Golden Cross is on the horizon. With this, the SEI price has set up a bullish case to $0.4, and a secured rise above these levels may pave the way to test higher targets. On the other hand, the SUI price maintains a consistent ascending trend and is trying hard to settle above $4. 

The SUI price is undergoing a V-shaped recovery and is about to mark the neckline at around $4.34. The MACD shows a rise in the buying volume, which could keep the price elevated, while the RSI has just entered the overbought range. Therefore, the SUI price is believed to reach the immediate highs at $4.35, which could form a strong base and push the price to $5.