Why did the price of SEI go up?

Sei (SEI) increased by 0.62% in the last 24 hours, slightly underperforming the overall crypto market, which rose 1.67%. However, SEI extended its weekly gains to 5.89%. The main factors driving this performance include:

1. Real-World Asset (RWA) Partnerships – Integration with Ondo and Securitize points to growing institutional interest.
2. Technical Breakout – Positive chart patterns and shifts in liquidity suggest potential upward momentum.
3. Expansion in Asia – Growth in Japan and Korea, along with ETF filings, are boosting investor confidence.

In-Depth Analysis

1. Real-World Asset Adoption (Positive Outlook)

Summary: On October 2, Sei announced partnerships with Ondo Finance and Securitize, two major players managing over half of the tokenized U.S. Treasury market (Binance News). This move positions Sei as a key platform for handling institutional-grade real-world assets.

Why it matters: Tokenized U.S. Treasuries represent a $1.2 trillion market that demands fast and compliant blockchain solutions. Sei’s focus on quick transaction speeds and recent regulatory approvals in Japan and Korea make it a strong candidate to support this market. Increased activity in RWAs could boost demand for SEI tokens, either as collateral or for transaction fees.

What to watch: The rollout schedule for Ondo’s USDY stablecoin on Sei and the growth of total value locked (TVL) on the network.

2. Technical Momentum (Mixed Signals)

Summary: SEI’s price moved back above its 50-day simple moving average (SMA) of $0.2998 on October 2. Analysts suggest this could lead to a 25% price increase to around $0.36 if SEI stays above $0.272 (AMBCrypto). The daily Relative Strength Index (RSI) at 54.64 indicates neutral momentum, while tightening Bollinger Bands point to possible upcoming price volatility.

What this means: Traders are responding to SEI breaking out of a $0.27 to $0.30 price range. However, weak signals from the MACD indicator (+0.00016) suggest the bullish momentum isn’t very strong yet. Key price levels to watch are $0.293 on the upside and $0.27 on the downside, where significant trading activity could influence short-term price moves.

Key level: A close above $0.30 (current price: $0.295) could encourage more buying momentum.

3. Growth Focused on Asia (Positive Outlook)

Summary: Sei has secured listings on major Japanese exchanges like Binance Japan and OKX Japan and ranks among the top three cryptocurrencies by trading volume in Korea. Its compatibility with Ethereum Virtual Machine (EVM) attracts developers moving from platforms like Solana and Sui (Decrypt).

Why it matters: Asia accounts for about 60% of global cryptocurrency trading. Clear regulations in Japan and Korea’s booming decentralized finance (DeFi) and gaming sectors create favorable conditions for SEI adoption. Additionally, a pending ETF filing by 21Shares, with a decision expected in 2026, offers potential long-term growth.

Conclusion

SEI’s recent price increase reflects strategic partnerships in real-world assets, active technical trading, and strong growth in Asian markets. However, delays in ETF approvals and mixed on-chain data suggest cautious optimism.

What to watch: Whether SEI can maintain support above $0.29 amid rising Bitcoin dominance (currently 58.23%). Also, keep an eye on the $0.30 resistance level and updates on Wyoming’s WYST stablecoin pilot for clues on future direction.

What could affect the price of SEI?

SEI balances strong technical progress with growing support from institutional players.

1. Giga Upgrade (Q4 2025) – A 50x increase in Ethereum Virtual Machine (EVM) capacity could attract more developers.
2. ETF Filings & Regulatory Updates – The SEC has delayed decisions, but Wyoming’s WYST pilot program is moving forward.
3. Institutional Tokenization – Ondo and Securitize control half of the tokenized U.S. Treasuries market on SEI.

Deep Dive

1. Technical Upgrades & Ecosystem Growth (Positive Outlook)

Overview:
Sei’s upcoming “Giga Upgrade” aims to boost transaction speed to 200,000 transactions per second (TPS) and reduce confirmation time to under 400 milliseconds by late 2025. This will improve scalability for decentralized finance (DeFi) apps and gaming platforms. Recently, total value locked (TVL) on SEI rose 31% monthly to $682 million, with $10 billion in decentralized exchange (DEX) volume in September (DefiLlama).

What this means:
Faster processing could make SEI a go-to platform for high-frequency trading applications, increasing demand for its native token. Historically, major upgrades like Solana’s Firedancer have led to price increases when adoption follows.

2. Regulatory Catalysts & ETF Risks (Mixed Impact)

Overview:
Wyoming chose SEI for its WYST stablecoin pilot launching in July 2025, which boosts SEI’s credibility with institutions. However, the U.S. Securities and Exchange Commission (SEC) has delayed over 100 crypto ETF decisions, including one for a SEI ETF, partly due to a government shutdown (AMBCrypto).

What this means:
State-level projects like WYST could increase real-world use of SEI, while ETF delays may limit short-term price gains from speculation. If a SEI ETF gets approved in 2026, it could trigger a liquidity boost similar to Bitcoin’s ETF-driven rally in 2024.

3. Institutional Tokenization & Competition (Mixed Outlook)

Overview:
Ondo Finance and Securitize, which control 50% of tokenized U.S. Treasuries, are building on SEI to take advantage of its speed for settling real-world assets (RWA). However, competitors like Solana and Sui are also targeting this market with similar transaction speeds.

What this means:
SEI’s compatibility with Ethereum’s development tools gives it an advantage in attracting developers. But if daily user activity doesn’t grow beyond the current 1.8 million transactions, competitors could take the lead (Binance News).

Conclusion

SEI’s future price depends on successfully delivering its technical upgrades while navigating regulatory uncertainties and competition. The Giga Upgrade and Wyoming partnership are strong positives, but SEC delays and rival blockchains present challenges. Keep an eye on the Q4 2025 upgrade progress and ETF approval timelines to see if institutional investment will outpace token supply releases.

What are people saying about SEI?

The Sei (SEI) community is debating whether the recent technical bounce can overcome ongoing downward pressure. Here’s what’s trending:

1. Signs of a bullish reversal are clashing with tough battles to hold the $0.30 support level.
2. Institutional interest is growing, highlighted by ETF filings and Wyoming’s stablecoin pilot program.
3. Excitement around the Giga upgrade is sparking discussions about SEI’s competitiveness as a Layer-1 blockchain.

Deep Dive

1. @gemxbt_agent: Mixed Bullish Signals Near $0.29

"RSI recovering from oversold, MACD bullish crossover – possible short-term upward momentum"
– @gemxbt_agent (283K followers · 1.2M impressions · August 24, 2025, 7:01 PM UTC)
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What this means: The outlook is mixed as SEI tests support around $0.29. The MACD indicator suggests a potential recovery, but if SEI can’t hold above $0.30, it could trigger a wave of sell-offs.

2. CoinMarketCap Community: Bearish Breakdown Below $0.30

"SHORT setup: Entry $0.3020–$0.3035, targets $0.2970–$0.2880 if bulls fail to reclaim $0.3050"
– CMC Analyst (Verified · July 30, 2025, 1:21 PM UTC)
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What this means: The breakdown below the key $0.30 level is bearish for SEI. This could trigger stop-loss orders and further declines. However, the RSI is oversold at 35.16, which means there could be some price swings ahead.

3. @Kaffchad: Bullish Long-Term Metrics

"$680M TVL ATH + 200K TPS Giga upgrade vs $1.8B market cap – supply shock incoming?"
– @Kaffchad (89K followers · 650K impressions · September 23, 2025, 9:22 AM UTC)
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What this means: Long-term outlook is positive. SEI’s ecosystem is growing with 1.8 million daily transactions and institutional interest through ETF filings. Compared to competitors like Solana, SEI’s market cap is relatively low, suggesting potential for growth.

Conclusion

The overall view on SEI is mixed. Short-term technical risks remain, especially if SEI falls below $0.30, but strong fundamentals are building. Bulls point to Wyoming’s stablecoin pilot (with a final decision expected by October 17) and the upcoming Giga upgrade’s 200,000 transactions per second as key drivers for a price rebound. Keep an eye on the $0.30 support level—a weekly close above it could confirm a bullish reversal, while a failure to hold may lead to a deeper correction.

What is the latest news about SEI?

Sei is gaining momentum with strong institutional support and technical progress. Here are the key updates:

1. Major Real-World Asset Players Join Sei (October 2, 2025) – Ondo Finance and Securitize expand Sei’s presence in tokenized assets.
2. Technical Indicators Point to Potential Price Increase (October 2, 2025) – Analysts highlight $0.27 as a crucial support level for a possible 25%+ price rally.
3. Expansion in Asia Focused on Regulatory Compliance (October 1, 2025) – Sei obtains regulatory approval in Japan and leads trading volume in Korea.

In-Depth Look

1. Major Real-World Asset Players Join Sei (October 2, 2025)

Overview:
Ondo Finance, which manages $685 million in tokenized U.S. Treasury assets, and Securitize, a leading issuer of real-world assets (RWAs), are now building on the Sei network, according to an announcement on the platform’s X account. Together, these companies control over half of the tokenized U.S. Treasury market.

Why this matters:
This development is a positive sign for SEI, confirming its role as a reliable platform for institutional-level transactions. Tokenized real-world assets are one of the fastest-growing areas in crypto, expected to reach $16 trillion by 2030 (Binance).

2. Technical Indicators Point to Potential Price Increase (October 2, 2025)

Overview:
SEI’s price bounced back 5% to $0.2887, holding firm above the $0.27 support level. Analysts note that a similar price pattern in the second quarter of 2025 led to a 120% rally. Key price points to watch are $0.27 (support) and $0.293 (resistance).

Why this matters:
The current price movement suggests a neutral to positive outlook. If SEI maintains trading above $0.272, it could aim for $0.36. However, there is some risk of volatility due to $4.27 million in long positions being liquidated near the $0.27 level (AMBCrypto).

3. Expansion in Asia Focused on Regulatory Compliance (October 1, 2025)

Overview:
Sei received its exchange license in Japan in 2024, allowing it to list on Binance Japan and OKX Japan. In South Korea, Sei ranks among the top three by trading volume, even though its total value locked (TVL) is lower than some competitors.

Why this matters:
This is a strong long-term advantage. Japan’s strict licensing requirements provide a regulatory barrier that protects Sei’s position. Meanwhile, high trading activity in Korea, often surpassing Solana in daily users, shows strong interest from retail investors (Decrypt).

Conclusion

Sei’s focus on building infrastructure for institutional real-world assets and expanding in Asia’s regulated markets gives it a unique edge. However, technical resistance around $0.30 remains a short-term challenge. The question is whether delays in October’s ETF approvals will slow momentum or if Sei’s compliance strategy will fuel the next growth phase.

What is expected in the development of SEI?

Sei’s roadmap is focused on improving its technology and growing its network through key partnerships:

1. Giga Upgrade (Q4 2025) – Aims to handle 200,000 transactions per second (TPS) with transaction finality under 400 milliseconds.
2. AI Partnership with Kindred (October 2025) – Plans to integrate AI using over 25 gaming and IP franchises, reaching 100 million+ users.
3. Expanding in Asia (Ongoing) – Building strong partnerships in Korea and other Asian markets.
4. Institutional Stablecoin Growth (2025) – Launching pilots for stablecoins like AUSD0 and WYST.
5. Decentralized Science (DeSci) Projects (2025) – A $65 million fund to support decentralized scientific research.

In-Depth Look

1. Giga Upgrade (Q4 2025)

What it is:
The Giga Upgrade will boost Sei’s Ethereum Virtual Machine (EVM) to process up to 200,000 transactions per second and confirm transactions in less than 400 milliseconds. This is achieved through a new method called Autobahn consensus, which processes blocks in parallel.

Why it matters:
This upgrade could make Sei a top choice for fast trading and AI-driven applications by solving current speed and scalability issues. It may attract developers from Ethereum and institutional traders. However, there is a risk if other Layer 2 solutions like Solana or Aptos grow faster (CoinMarketCap).

2. AI Partnership with Kindred (October 2025)

What it is:
Sei is teaming up with Kindred AI to create AI-powered applications using more than 25 popular gaming and intellectual property franchises. This partnership aims to tap into an AI-driven economy expected to reach $200 billion by 2026.

Why it matters:
This could increase user engagement and growth, but success depends on how quickly developers build and launch products. The timeline for these products is still unclear (X post).

3. Expanding in Asia (Ongoing)

What it is:
The Sei Development Foundation is strengthening its presence in Asia, especially Korea, through events like Korea Blockchain Week and partnerships with companies like Chainlink. They also fund community ambassadors worldwide through the $250,000 Sei Street Team program.

Why it matters:
Asia accounts for about 40% of global crypto trading volume, so this expansion could significantly grow Sei’s network. However, regulatory challenges in countries like China could slow progress (Sei Blog).

4. Institutional Stablecoin Growth (2025)

What it is:
Sei launched AUSD0, a stablecoin backed by major financial firms State Street and VanEck. Additionally, the WYST pilot in Wyoming showed Sei’s readiness to meet public-sector regulations.

Why it matters:
Stablecoins now make up 35% of Sei’s $680 million total value locked (TVL), which helps reduce price swings and attract institutional investors (CoinDesk).

5. Decentralized Science (DeSci) Projects (2025)

What it is:
Sapien Capital is managing a $65 million Open Science Fund to develop decentralized scientific research tools on Sei. This includes tokenizing research funding and enabling data sharing.

Why it matters:
While still early-stage and risky, this aligns with Sei’s goal to support real-world asset tokenization. Success depends on acceptance by academic and industry groups (Sei Blog).

Conclusion

Sei’s roadmap combines major technical improvements, ecosystem growth in Asia and science, and increased institutional use through stablecoins. While there are many positive signs, it’s important to watch how developer activity and stablecoin adoption evolve after the Giga Upgrade. The key question remains: Can Sei’s technology keep up with other Layer 2 solutions while staying decentralized?

What updates are there in the SEI code base?

Sei’s development team is actively improving tools and infrastructure, focusing on keeping the core system stable rather than making big changes.

1. EVM Interoperability Tools (July 3, 2025) – New libraries to help Ethereum and Cosmos blockchains work together smoothly.
2. Giga Upgrade Launch (July 16, 2025) – Introduced parallel block processing to handle up to 200,000 transactions per second (TPS).
3. Ongoing Developer Activity (September 4, 2025) – Over 4,900 code updates since 2023, with faster progress in 2025.

Deep Dive

1. EVM Interoperability Tools (July 3, 2025)

What happened: Sei added new software tools in its sei-js repository that make it easier to run Ethereum smart contracts on Sei’s network. These tools follow Ethereum standards (EIP-6963) and help connect the Cosmos and Ethereum blockchains.

This means developers can build apps that work across both networks without much hassle. Sei keeps its original Cosmos technology while also welcoming Ethereum developers.

Why it matters: This is good news for SEI because it makes it easier for Ethereum developers to join Sei’s platform. This could lead to more decentralized finance (DeFi) and gaming apps, attracting more users with faster cross-chain transactions.
(Source)

2. Giga Upgrade Launch (July 16, 2025)

What happened: The Giga upgrade introduced a new way to process multiple blocks at the same time using Autobahn consensus. This allows Sei to handle up to 200,000 transactions per second with final confirmation in under 400 milliseconds.

This upgrade shifted Sei’s system to focus more on Ethereum compatibility, aiming to match the speed of networks like Solana while keeping Ethereum developers comfortable.

Why it matters: This is neutral for SEI right now. While the technology is impressive, success depends on whether Ethereum developers actually move to Sei. The high transaction speed puts Sei in the top tier of blockchain platforms, but real-world use will determine its impact.
(Source)

3. Ongoing Developer Activity (September 4, 2025)

What happened: Sei’s GitHub shows over 4,900 code updates since 2023, with a 58% increase in activity in 2025. Recent work focuses on improving Ethereum tools, optimizing performance, and fixing stability issues.

Although updates to the main protocol (sei-chain) have slowed since the mainnet launch, other parts like sei-js and testnet tools are still actively developed.

Why it matters: This is positive for SEI because steady development shows the team is committed for the long haul. However, the lack of major new features since 2023 raises questions about how quickly Sei can innovate compared to other blockchains.
(Source)

Conclusion

Sei’s recent updates focus on making the platform more compatible with Ethereum and improving scalability. However, growing its user and developer community will be key to justifying its $1.8 billion valuation. The success of the Giga upgrade will depend on real-world transaction speeds and whether top decentralized apps choose Sei before Layer 2 solutions take over Ethereum scalability.