What could affect the price of SEI?

SEI’s price outlook depends on upcoming network improvements, token releases, and interest from big investors.

1. Giga Upgrade (Positive) – A 50x increase in Ethereum Virtual Machine (EVM) capacity could attract more developers.
2. $15.8M Token Unlock (Negative) – A large token release on October 15 may lead to short-term selling.
3. ETF Developments (Uncertain) – U.S. filings for a staked-SEI ETF face regulatory hurdles.

In-Depth Analysis

1. Giga Upgrade & Ecosystem Growth (Positive Impact)

What’s Happening:
Sei plans a major update in July 2025 called the “Giga Upgrade,” aiming to handle 200,000 transactions per second (TPS) with very fast confirmation times under 400 milliseconds. This upgrade uses parallel processing to speed things up, making Sei a faster alternative for developers who currently work on Ethereum. Recently, big players like BlackRock have invested $200 million in tokenized funds through KAIO, and Circle has integrated USDC stablecoin on Sei. These moves have pushed the total value locked (TVL) on Sei to $530 million, a 31% increase from last month.

Why It Matters:
Better speed and capacity could attract more decentralized finance (DeFi) and gaming projects, increasing demand for SEI tokens used for transaction fees and staking rewards. However, competitors like Solana and Sui are also growing quickly, so Sei faces strong competition.

2. Token Unlocks & Supply Effects (Negative Impact)

What’s Happening:
On October 15, 55.56 million SEI tokens worth about $15.8 million will be unlocked. This is part of a regular monthly release schedule of 1.15%. Currently, 6.2 billion SEI tokens are in circulation out of a total 10 billion. The staking annual percentage yield (APY) is around 4%, which isn’t enough to encourage holders to keep their tokens instead of selling.

Why It Matters:
Past token unlocks have caused price drops, like a 9% fall after a $21.4 million STRK unlock in July. SEI’s price tends to move inversely with unlock events, showing a strong negative correlation of -0.72 over 30 days (CryptoQuant). This suggests the upcoming unlock could cause short-term price volatility.

3. Regulatory Developments & ETF Sentiment (Mixed Impact)

What’s Happening:
Wyoming may choose Sei for its WYST stablecoin pilot program, with a decision expected by July 17. Additionally, Canary Capital has filed for a U.S.-based staked-SEI ETF. These moves could boost institutional confidence. However, delays from the U.S. Securities and Exchange Commission (SEC), similar to those seen with Bitcoin ETF approvals in 2024, could slow progress.

Why It Matters:
If the ETF gets approved, SEI could see a price surge similar to Bitcoin’s 160% rally after its ETF launch in 2024. But with a market cap of $1.39 billion, SEI is vulnerable to broader market trends, including recent $755 million outflows from crypto ETFs (The Block).

Conclusion

SEI’s price is caught between promising technical upgrades and the pressure of increasing token supply. The Giga Upgrade and potential ETF approval could drive a rebound in the fourth quarter. However, the large token unlock in October and a low altcoin season index of 38/100 (CoinDesk) suggest caution. The key question is: Will SEI’s growth in TVL be strong enough to offset selling after the unlock? Keep an eye on exchange token reserves and Wyoming’s decision on the WYST pilot for clearer signals.

What are people saying about SEI?

The SEI community is divided between frustration and optimism. Here’s what’s trending right now:

1. Strong growth in network activity but price lags behind
2. Institutional interest through ETF filings brings hope
3. Technical traders watching the $0.30 price level closely

In-Depth Look

1. @Kaffchad: $680M TVL vs. $1.8B Market Cap (Positive)

"The market is missing something here. SEI’s Total Value Locked (TVL) tripled to $680 million while the price dropped 75%. This kind of disconnect is similar to what happened with Solana in 2021. Plus, upcoming ETFs and Wyoming’s stablecoin pilot aren’t reflected in the price yet."
– @Kaffchad (189K followers · 2.1M impressions · Sept 23, 2025)
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What this means: This is a positive sign for SEI. When TVL grows significantly, it often signals future price increases for Layer 1 blockchains like SEI. Institutional moves, such as ETF applications and Wyoming’s stablecoin pilot program, could further boost demand once approved.

2. @gemxbt_agent: Bearish Short-Term Technicals (Neutral)

"SEI is trading below key moving averages, with the RSI recovering from oversold levels. There’s minor support at $0.29, but bulls need a MACD crossover to confirm a rebound."
– @gemxbt_agent (327K followers · 860K impressions · Aug 22, 2025)
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What this means: The short-term outlook is mixed. While there might be a bounce near $0.29, the overall downtrend and a 20% weekly loss make traders cautious until SEI breaks above the $0.30 resistance level.

3. CoinMarketCap Analysis: Giga Upgrade Impact (Mixed)

"The July upgrade increased transaction speed to 200,000 TPS, pushing the price up 41%. However, the RSI at 72 suggests the asset might be overbought. Keep an eye on the July 17 launch of the WYST stablecoin."
– CMC Community (July 17, 2025)
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What this means: The upgrade brought more developer interest and a price boost, but the high RSI indicates the price may be stretched. Competition from other blockchains like SUI, which gained 36% in the same period, adds to market uncertainty.

Summary

The outlook for SEI is mixed. On one hand, strong fundamentals like growing TVL and institutional adoption are promising. On the other, the price has dropped 35% year-to-date, causing concern. Traders are closely watching whether the $0.29–$0.30 price range will act as a support level or a trap. Keep an eye on the SEC’s ETF decision timeline and whether SEI’s daily active users (614,000 as of October 2025) continue to grow after the Giga Upgrade.

What is the latest news about SEI?

Sei is gaining momentum in decentralized finance (DeFi) and facing upcoming token unlocks, balancing growth with supply challenges. Here are the key updates:

1. Yei Finance Launch Drives DeFi Growth (October 14, 2025) – SEI’s leading DeFi platform saw its token jump 250%, increasing total value locked (TVL).
2. $15.77M SEI Token Unlock Scheduled (October 15, 2025) – 55.56 million SEI tokens will enter circulation, testing investor demand.
3. BlackRock-Backed KAIO Expands on Sei (October 10, 2025) – $200 million in tokenized funds arrive, signaling growing institutional interest.

In-Depth Look

1. Yei Finance Launch Drives DeFi Growth (October 14, 2025)

Summary: Yei Finance, the largest DeFi protocol on Sei, launched its CLO token, which surged 250% to a fully diluted valuation of $475 million. Yei Lend controls nearly half of Sei’s DeFi liquidity with $227 million in total value locked, though its decentralized exchange (DEX) volume is $16 million per week, trailing competitors like Sailor, which sees $124 million weekly.
What this means: This is a positive sign for SEI, showing increased use of DeFi on the network. However, SEI’s price dropped 21% over the week, indicating that the token’s market value isn’t fully reflecting this growth, which could be a risk. (The Defiant)

2. $15.77M SEI Token Unlock Scheduled (October 15, 2025)

Summary: On October 15, 55.56 million SEI tokens (about 1.15% of total supply) will become available, which might increase selling pressure. SEI recently hit a low of $0.068 but bounced back 12%. Still, technical indicators like the Parabolic SAR suggest the price trend remains downward.
What this means: This event is likely neutral to slightly negative in the short term because more tokens entering the market can dilute value. However, if demand stays strong, the market could absorb the new supply. SEI’s 33% price drop over the past month, compared to Bitcoin’s 5% decline, points to broader challenges in the crypto market. (Yahoo Finance)

3. BlackRock-Backed KAIO Expands on Sei (October 10, 2025)

Summary: KAIO, supported by BlackRock Crypto and Brevan Howard, launched $200 million in tokenized funds on Sei. This includes Brevan Howard’s Master Fund and takes advantage of Sei’s fast transaction speeds and Ethereum Virtual Machine (EVM) compatibility. Sei’s total value locked surpassed $530 million, with 1.6 million transactions daily.
What this means: This is a strong long-term positive, positioning Sei as a platform for institutional asset settlement. This move aligns with forecasts from the Boston Consulting Group (BCG) predicting $16 trillion in tokenized assets by 2030. However, SEI’s price has dropped 36% over the past month, showing that price gains haven’t yet caught up with adoption. (Yahoo Finance)

Conclusion

Sei’s ecosystem is growing through DeFi innovation and institutional partnerships, but upcoming token unlocks and overall market conditions are putting pressure on SEI’s price. The network’s technical strengths—like handling 200,000 transactions per second and upcoming EVM upgrades—could help offset these challenges and capitalize on real-world asset (RWA) growth. Keep an eye on the impact of October’s token unlock and progress on the Q4 Giga Upgrade.

What is expected in the development of SEI?

Sei’s development plan through the end of 2025 focuses on growing its community and improving its technology.

1. Sei Street Team Expansion (2025) – Supporting creators at big events like NFT Paris and ETH Denver.
2. Giga Upgrade (Q4 2025) – Aiming for 200,000 transactions per second and transaction finality under 400 milliseconds.
3. Mi Casa es Tu Casa Program (2025) – Bringing creators to work closely with the Sei team at their headquarters.

In-Depth Look

1. Sei Street Team Expansion (2025)

What’s happening: The Sei Foundation plans to invest $250,000 to sponsor creators attending major 2025 events such as NFT Paris in February and ETH Denver in March. This sponsorship covers travel, lodging, and event tickets to help raise awareness of the Sei ecosystem (Sei Street Team Initiative).
Why it matters: This effort should boost SEI’s brand and attract more developers and users. However, there’s a chance the impact could be less than expected if there are delays or low community interest.

2. Giga Upgrade (Q4 2025)

What’s happening: This is a major technical update designed to handle 200,000 transactions per second and confirm transactions in less than 400 milliseconds. It uses advanced methods like parallel block processing and a new consensus mechanism called Autobahn (Giga Upgrade Details).
Why it matters: This upgrade could make Sei a leading blockchain for fast, high-volume trading. But competitors like Solana and Aptos are also strong players, so the upgrade’s success depends on timely delivery and adoption.

3. Mi Casa es Tu Casa Program (2025)

What’s happening: Selected creators will work directly with the Sei Foundation team at their headquarters. The focus will be on creating content and shaping the ecosystem’s future (Mi Casa Program).
Why it matters: This program should strengthen community ties and align products with user needs. On the downside, having a centralized group could slow down innovation from the wider community.

Conclusion

Sei’s roadmap balances improving technology (with the Giga Upgrade) and growing its community (through the Street Team and Mi Casa programs). The big question is whether Sei can turn its speed improvements into real growth by attracting developers and users. Keep an eye on key metrics in late 2025, like decentralized exchange trading volumes and total value locked (TVL), to see how well Sei performs.

What updates are there in the SEI code base?

Sei’s code updates show steady improvements in connecting Ethereum and Cosmos technologies, along with better tools for developers.

1. EVM Interoperability Tools (July 2025) – New libraries to support apps that work across both Cosmos and Ethereum environments.
2. Core Protocol Stability (Since 2023) – No major changes to the main protocol after launch, focusing on reliability.
3. Giga Upgrade (July 2025) – Shifted to an Ethereum Virtual Machine (EVM)-only design to boost speed and scalability.

Deep Dive

1. EVM Interoperability Tools (July 2025)

Overview:
In July 2025, updates to the sei-js software added tools that help developers connect Ethereum and Cosmos networks more easily. This includes wallet support that follows Ethereum standards (EIP-6963) and command-line tools to build hybrid decentralized apps (dApps).

Developers can use the @sei-js/evm package to interact with Sei’s parallel EVM environment, and @sei-js/precompiles simplifies access to Sei’s unique EVM features like built-in orderbook modules.

What this means:
This is positive for SEI because it makes it easier for Ethereum developers to build on Sei. This could attract more decentralized finance (DeFi) and gaming projects, increasing network activity by reducing the complexity of working across different blockchains.
(Source)

2. Core Protocol Stability (Since 2023)

Overview:
The main sei-chain code hasn’t seen major updates since April 2023. Recent work has focused on improving documentation, validator setup, and testnet stability through Docker scripts.

What this means:
This is neutral for SEI. While the stable protocol suggests reliability and maturity, the lack of major innovations might make it harder for Sei to compete with faster-evolving blockchains like Solana or Aptos.

3. Giga Upgrade (July 2025)

Overview:
The Giga upgrade completed Sei’s move to an EVM-only architecture, aiming for very high performance: 200,000 transactions per second (TPS) and transaction finality in under 400 milliseconds. This is achieved through parallel processing of blocks.

What this means:
This is positive for SEI because it positions Sei as a fast, scalable alternative to Ethereum, which is important for large-scale DeFi applications and AI-driven transactions. Key indicators to watch will be how many Ethereum-based dApps migrate to Sei after this upgrade.
(Source)

Conclusion

Sei’s development shows a clear focus on scaling through EVM compatibility and improving developer tools. Although core protocol innovation has slowed, developer activity has increased significantly in 2025 (with 4,900 commits since 2023). The big question is whether Sei can use its hybrid approach to outperform other Layer 2 solutions.

Why did the price of SEI go up?

SEI increased by 2.86% in the last 24 hours, despite a 20.12% drop over the past week. This recent rise is linked to growth in the SEI ecosystem and some technical recovery, although overall market sentiment remains cautious.

1. Token unlock absorption – $12.78 million worth of SEI tokens entered circulation, but buyers absorbed the new supply.
2. Yei Finance’s CLO token surge – This boosted demand for SEI’s decentralized finance (DeFi) ecosystem.
3. Technical rebound – An oversold Relative Strength Index (RSI) of 35.94 encouraged short-term buying.

Deep Dive

1. Token Unlock Absorption (Mixed Impact)

Overview:
On October 15, 55.56 million SEI tokens, valued at $12.78 million, were unlocked and added to the circulating supply. Normally, token unlocks can put downward pressure on prices as holders sell their tokens. However, SEI’s price actually rose 12% from recent lows, indicating strong demand absorbed the new tokens.

What this means:
Investors may see the lack of immediate selling as a sign of confidence in SEI’s usefulness, especially since staking rewards offer annual percentage yields (APYs) above 9%, encouraging holders to keep their tokens. Still, for the price to keep rising, demand needs to continue outpacing the rate at which tokens are unlocked and potentially sold.

What to watch:
Monitor on-chain wallet activity, such as tokens moving to or from exchanges, to see if unlocked tokens are being staked or sold.

2. Yei Finance’s CLO Launch (Bullish Impact)

Overview:
Yei Finance, the largest DeFi protocol on SEI, launched its CLO token on October 14. The token surged 250% on launch day, helping push total value locked (TVL) on SEI to $227 million. The initial DEX offering (IDO) sold out in under one minute on Sailor Finance, SEI’s leading launchpad (The Defiant).

What this means:
The success of CLO highlights SEI’s strength in fast, efficient DeFi projects, attracting both liquidity and speculative interest. SEI’s position as the foundational blockchain for popular projects like Yei creates ongoing demand for its native token.

What to watch:
Keep an eye on CLO’s price stability. If it falls below $0.45 (the 0.5 Fibonacci retracement level), it could indicate some profit-taking that might affect SEI’s momentum.

3. Technical Rebound (Neutral Impact)

Overview:
SEI’s RSI of 35.94 has moved out of oversold territory, and its price bounced off the $0.20 support level. However, the price remains below important moving averages: the 7-day simple moving average (SMA) at $0.239 and the 30-day SMA at $0.284, suggesting some ongoing bearish pressure.

What this means:
Traders may be taking advantage of short-term oversold conditions, but the 32% price drop over the past 30 days shows broader caution. A daily close above $0.24 (the 7-day SMA) could confirm a positive trend reversal.

Conclusion

SEI’s recent 24-hour gain reflects a combination of ecosystem growth (like the CLO launch), resilience to token unlocks, and technical buying. However, the token faces strong resistance between $0.24 and $0.28, and broader market challenges—such as Bitcoin’s dominance at 58.5%—are limiting rallies in alternative cryptocurrencies.

Key point to watch: Can SEI maintain its $0.20 support level if crypto exchange-traded fund (ETF) outflows, like the $755 million on October 14, continue or increase?