Why did the price of SEI go up?
Sei (SEI) increased by 1.05% in the last 24 hours, outperforming the overall crypto market, which dropped 3.22% over the past week. This positive movement was driven by new DeFi protocol launches, technical signals indicating the coin was oversold, and reduced selling pressure after a recent token unlock.
- DeFi Growth – Morpho, a lending platform, launched on Sei on October 16, boosting the ecosystem’s usefulness.
- Technical Bounce – The Relative Strength Index (RSI) hit a very low 22.82, signaling the coin was oversold before it bounced back.
- Token Unlock Impact – On October 15, 55.56 million SEI tokens (worth $12.8 million) were released, initially putting downward pressure on prices, but the market has since stabilized.
Deep Dive
1. DeFi Momentum (Positive Impact)
Overview: Morpho, a well-known decentralized finance (DeFi) lending protocol, launched on Sei on October 16, introducing its first set of lending markets. This follows KAIO’s recent tokenization of Hamilton Lane’s $986 billion credit fund on Sei (October 15).
What this means: These developments expand Sei’s capabilities in institutional-grade DeFi and real-world assets, attracting more liquidity and developer interest. Sei’s total value locked (TVL) has grown to $624 million, and the supply of USDC stablecoins on Sei has increased 200 times since June, showing strong demand.
What to watch: Continued growth in TVL after Morpho’s launch and adoption of Morpho’s isolated risk pools planned for Q4.
2. Technical Rebound (Neutral Impact)
Overview: On October 17, SEI’s 7-day RSI dropped to 22.82, its lowest since March 2025, indicating it was heavily oversold. The price bounced from $0.17 on October 15 to $0.193 but remains below the 7-day simple moving average (SMA) of $0.215.
What this means: Short-term traders took advantage of the oversold condition to buy, but longer-term resistance remains at the 200-day exponential moving average (EMA) of $0.29. The Moving Average Convergence Divergence (MACD) indicator is still bearish at -0.025, suggesting potential volatility ahead.
Key level: Closing above $0.20, the current pivot point, could signal a shift in momentum.
3. Token Unlock Aftermath (Mixed Impact)
Overview: On October 15, 55.56 million SEI tokens (valued at $12.8 million) were unlocked, increasing the circulating supply by about 1.15%. This contributed to a 20% weekly price drop. However, selling pressure eased after the unlock.
What this means: Early investors and team members may have sold some tokens, but since there are no more unlocks scheduled until 2026, the risk of further dilution in the near term is low.
Conclusion
SEI’s recent 24-hour price increase reflects a technical rebound combined with strategic DeFi partnerships that helped offset volatility following the token unlock. Key point to watch: Can SEI maintain the $0.20 level and attract new investment as it approaches its Giga Upgrade, aiming for 200,000 transactions per second (TPS) in Q4?
What could affect the price of SEI?
SEI’s price is currently caught between two forces: increased token supply putting downward pressure on price, and growing interest from big investors pushing it up.
- Token Unlocks (Bearish) – About $12.78 million worth of SEI tokens will become available between October 15–17, which could lead to short-term selling.
- Real-World Asset (RWA) Adoption (Bullish) – Hamilton Lane’s $986 billion tokenized fund on Sei is attracting institutional investors.
- EVM Scalability Upgrade (Mixed) – The upcoming Giga upgrade promises faster transaction speeds, which might bring more developers and users to the network.
Deep Dive
1. Token Unlocks and Supply Dynamics (Bearish Impact)
What’s happening:
Between October 15 and 17, 55.56 million SEI tokens (worth about $12.78 million) will be unlocked and enter the market. This is roughly 1.15% of all SEI tokens currently available. In the past, similar unlock events have caused SEI’s price to drop by 10–20% within three days (Crypto.News).
Why it matters:
More tokens available means more selling pressure, which can push prices down, especially since trading activity in altcoins is currently low (global crypto trading volume is down 11% month-over-month to $495 billion). On the bright side, SEI offers an 8.2% annual yield for staking, which might encourage some holders to keep their tokens locked up instead of selling.
2. Real-World Asset Tokenization (Bullish Impact)
What’s happening:
Hamilton Lane, a major investment firm managing $986 billion, has launched a tokenized private credit fund on the Sei blockchain through KAIO. This follows similar moves by BlackRock and Brevan Howard. As a result, the total value locked (TVL) in Sei’s real-world asset (RWA) projects jumped to $1.1 billion in the third quarter of 2025 (Yahoo Finance).
Why it matters:
Big institutional investors bring stability and demand for SEI tokens, especially since these tokenized assets use SEI as collateral. Right now, RWAs make up 47% of all decentralized finance (DeFi) activity on Sei. Experts predict this could grow to $3 billion by 2026, potentially raising SEI’s price floor by 40%.
3. Technical Upgrades vs. Ecosystem Risks (Mixed Impact)
What’s happening:
Sei’s upcoming Giga upgrade, expected in late 2025, aims to boost transaction speeds to 200,000 transactions per second (TPS) with final confirmation times under 400 milliseconds by running multiple Ethereum Virtual Machine (EVM) processes in parallel. However, Sei currently has just over 150 live decentralized apps (dApps), compared to Solana’s 1,200+ (DappRadar).
Why it matters:
Faster speeds could attract new projects, especially those needing high-frequency trading capabilities. But for SEI’s $1.2 billion market value to hold, the number of active dApps and users needs to grow steadily. Technical indicators like the 30-day simple moving average (SMA) at $0.272 and the Relative Strength Index (RSI) at 29.27 suggest SEI is oversold, which could mean a price rebound if network activity picks up after the upgrade.
Conclusion
SEI’s price will depend on how well it handles the upcoming token unlocks while benefiting from growing institutional interest and technical improvements. Short-term price swings are expected, but the $0.16–$0.19 range offers important support. Keep an eye on how quickly the Giga upgrade is adopted—can Sei turn its speed advantage into real growth for its ecosystem?
What are people saying about SEI?
The Sei (SEI) community is feeling a mix of frustration over recent price drops and hope because of its technology and growing interest from big investors. Here’s what’s making headlines:
- Strong network growth but price lagging – Total Value Locked (TVL) has increased 47 times since February 2024, but the price hasn’t caught up.
- Excitement around the Giga upgrade – The upgrade promises 200,000 transactions per second (TPS), and new ETF filings are boosting optimism.
- Conflicting technical signals – Some indicators suggest a downtrend, while others hint at a possible bounce back.
Deep Dive
1. @Kaffchad: SEI’s Fundamentals vs Market Mispricing (Bullish)
"The market is undervaluing SEI. It’s priced at $0.30 while the network’s TVL hits a record $680 million with 1.8 million transactions daily. Compare that to Solana’s $120 billion market cap versus SEI’s $1.8 billion — SEI is undervalued."
– @Kaffchad (82K followers · 1.2M impressions · 2025-09-23 09:22 UTC)
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What this means: This is a positive sign for SEI. The strong growth in on-chain activity (TVL up 31% month-over-month) shows the ecosystem is healthy, even though upcoming token unlocks could put some pressure on the price.
2. @gemxbt_agent: Bearish Structure, Bullish Reversal? (Mixed)
"SEI is trading below all major moving averages, with some support around $0.29. The MACD indicator suggests a possible bullish crossover, meaning a short-term price increase could happen if the RSI rebounds from 35."
– @gemxbt_agent (306K followers · 890K impressions · 2025-08-22 14:01 UTC)
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What this means: The near-term outlook is cautiously optimistic. The coin is oversold (RSI at 35), which might trigger a short-term rally, but for a sustained recovery, SEI needs to break above the $0.30 resistance level.
3. CoinMarketCap Community: Giga Upgrade & ETF Catalysts (Bullish)
"July’s Giga upgrade, which boosts transaction speed to 200K TPS, combined with Canary Capital’s ETF filing, is positioning SEI as a favorite among institutional investors. Despite a 41% monthly price drop, TVL reached $682 million."
– CMC Community Post (12K likes · 2025-07-17 12:22 UTC)
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What this means: These developments create a strong positive outlook for SEI. Wyoming’s stablecoin pilot program and the potential ETF approval add to the momentum, though delays from the SEC could slow progress.
4. CoinMarketCap Post: TVL vs Price Disconnect (Bullish)
"SEI’s TVL grew from $13 million to $624 million since February 2024, but its price dropped 75% to $0.25. The second half of 2025 could see this gap close as staking demand increases."
– CMC Community Post (8.7K likes · 2025-07-08 10:35 UTC)
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What this means: This suggests a positive long-term outlook. The ratio of TVL to supply points to a “fair value” of $2.40 billion, compared to the current market cap of $1.4 billion, assuming decentralized finance (DeFi) activity continues.
5. NullTX Analysis: Technical Breakout Potential (Mixed)
"SEI saw a 30% rebound last week, forming a double-bottom pattern. It needs to close above $0.28 to confirm an upward trend. If it fails, it might retest support at $0.185."
– NullTX Technical Report (2025-06-22 02:44 UTC)
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What this means: The technical picture is mixed. While the pattern looks promising, it needs strong trading volume to confirm. Also, Bitcoin’s price movements will likely influence SEI’s direction.
Conclusion
The overall view on SEI is mixed. On one hand, strong fundamentals like rapid TVL growth and growing institutional interest support a positive outlook. On the other hand, technical challenges and broader market conditions create uncertainty. The Giga upgrade and ETF filings are attracting long-term investors, but short-term traders are watching the $0.27 to $0.30 price range for signs of a breakout. Keep an eye on the SEC’s decision regarding Canary Capital’s staked-SEI ETF filing — approval could lead to a surge in demand as institutions jump in, while rejection might extend the current price consolidation.
What is the latest news about SEI?
Sei is managing token unlocks and building partnerships with big institutions—mixing price ups and downs with growth in its network. Here’s the latest:
- Token Unlock Causes Price Fluctuations (October 15, 2025) – 55.56 million SEI tokens worth $12 million were released, putting the price to the test.
- Hamilton Lane’s $986 Billion Fund Goes Tokenized (October 15, 2025) – A major real-world asset (RWA) adoption through KAIO on Sei.
- Morpho Lending Launches on Sei (October 16, 2025) – The first curated decentralized finance (DeFi) lending market on Sei boosts liquidity.
In-Depth Look
1. Token Unlock Causes Price Fluctuations (October 15, 2025)
What happened:
Sei released 55.56 million SEI tokens, about 1.15% of all tokens available, worth roughly $12.5 million. This happened while SEI’s price was around $0.22, down 33% over the past month. Before the unlock, traders increased their bets on price moves by 1%, showing caution.
What this means:
In the short term, this could push prices down as early investors might sell their tokens. But if the market absorbs the tokens smoothly, the long-term impact could be neutral. Trading volume dropped 13.3% to $177 million, meaning fewer trades could cause bigger price swings. The key price level to watch is $0.20, which acts as support (crypto.news).
2. Hamilton Lane’s $986 Billion Fund Goes Tokenized (October 15, 2025)
What happened:
Hamilton Lane, a major investment firm, launched a tokenized version of its $986 billion Senior Credit Opportunities Fund (SCOPE) on Sei through KAIO. This lets accredited investors worldwide access private credit using blockchain technology.
What this means:
This is a positive sign for SEI, showing that big institutions are adopting real-world assets on Sei. KAIO’s platform, which already supports funds from companies like BlackRock and Brevan Howard, strengthens Sei’s role in regulated DeFi. After the announcement, SEI’s price bounced back by 4.24% during the day (Yahoo Finance).
3. Morpho Lending Launches on Sei (October 16, 2025)
What happened:
Morpho, a leading DeFi lending platform, launched on Sei with support for native assets. It offers customizable lending markets aimed at developers creating new ways to earn yield.
What this means:
This is good news for Sei’s ecosystem. Morpho adds important tools for DeFi users and complements Yei Finance, which currently holds 47% of SEI’s total value locked (TVL). However, success depends on attracting users despite ongoing market uncertainty (CMC Fear & Greed Index at 25/100) (Binance Square).
Conclusion
Sei is balancing the risks from token unlocks with strong partnerships like Hamilton Lane and Morpho that show its platform is ready for institutional DeFi. While short-term price pressure remains, upcoming upgrades in Q4—like isolated risk pools and a goal of 200,000 transactions per second—could boost momentum. The big question: will SEI’s $0.20 support hold as new real-world asset investments help offset token unlocks?
What is expected in the development of SEI?
Sei’s roadmap through 2025 focuses on improving technology, growing its ecosystem, and engaging the community.
- Giga Upgrade (Q4 2025) – Aims for 200,000 transactions per second (TPS) and transaction finality under 400 milliseconds.
- Builder Support Expansion (2025) – Includes grants, hackathons, and better tools for Ethereum-compatible developers.
- Sei Street Team Program (2025) – $250,000 dedicated to global creator outreach.
- Tokenized Institutional Products (Ongoing) – Hosting funds from BlackRock, Brevan Howard, and Hamilton Lane on Sei.
- Community Alpha Programs (2025) – Early testing and feedback opportunities for users.
Deep Dive
1. Giga Upgrade (Q4 2025)
Overview:
The Giga Upgrade plans to increase Sei’s Ethereum Virtual Machine (EVM) capacity by 50 times, reaching 200,000 TPS and finalizing transactions in less than 400 milliseconds. This is made possible by a new consensus method called Autobahn, which processes transactions in parallel. The upgrade builds on a successful testnet in June 2025 that hit 5 gigagas/sec throughput.
What this means:
This is a positive sign for SEI, positioning the network for fast trading and attracting institutional users. However, there is a risk of delays or technical challenges in meeting these ambitious goals.
2. Builder Support Expansion (2025)
Overview:
The Sei Foundation is increasing support for developers by offering:
- Retroactive funding programs
- Tools that improve compatibility between Ethereum and Cosmos blockchains (see @sei-js updates)
- Hackathons like the “Sei Giga Challenge” planned for Q3 2025
What this means:
This could attract Ethereum developers to build on Sei, which is a positive sign. Success will depend on how many developers and projects actually use these tools.
3. Sei Street Team Program (2025)
Overview:
A $250,000 initiative to send community ambassadors to major global events such as Token2049 and Devcon. The program focuses on onboarding content creators through funding rounds and partnerships with AI companies like Kindred AI.
What this means:
This should help increase Sei’s visibility and user base, but its success depends on how well creators engage with the platform.
4. Tokenized Institutional Products (Ongoing)
Overview:
Sei is hosting large institutional funds, including BlackRock’s BUIDL fund and Hamilton Lane’s $986 billion credit fund via KAIO. These partnerships use Sei’s infrastructure designed to meet regulatory requirements for real-world assets.
What this means:
This is a strong positive for bringing institutional money into the network, though it depends on clear regulations and wider use of stablecoins like the WYST pilot.
5. Community Alpha Programs (2025)
Overview:
Sei is launching early testing phases for new products, such as:
- Sei Global Wallet version 2 (Q4 2025)
- Updates to the Symphony decentralized exchange aggregator
What this means:
This helps build community loyalty but may face competition from established decentralized finance (DeFi) platforms.
Conclusion
Sei’s roadmap balances technical improvements like the Giga Upgrade with efforts to grow its developer community, attract institutional partners, and engage users. If successful, the 200,000 TPS upgrade could make Sei a leader in high-speed trading on blockchain. Keep an eye on total value locked (TVL) after Q4 and regulatory developments around tokenized assets.
Will Sei’s EVM optimizations outpace Layer 2 rivals in attracting developers?
What updates are there in the SEI code base?
Sei’s recent software updates focus on improving developer tools and optimizing Ethereum compatibility, while keeping the core network stable and reliable.
- EVM & Tooling Updates (July 2025) – New libraries and command-line tools to support both Cosmos and Ethereum development.
- Core Protocol Stability (April 2023) – No major changes since mainnet launch, emphasizing network reliability.
- Giga Upgrade (July 2025) – Introduced parallel processing for the Ethereum Virtual Machine (EVM), targeting 200,000 transactions per second (TPS) and finalizing transactions in under 400 milliseconds.
Deep Dive
1. EVM & Tooling Updates (July 2025)
Overview: In July 2025, the sei-js project added new libraries to make it easier to interact with the Ethereum Virtual Machine (EVM) and introduced command-line tools to help developers quickly build decentralized applications (dApps).
Key improvements include:
- @sei-js/evm: Simplifies integration with Ethereum-based smart contracts.
- Precompile libraries: Speed up execution for Sei’s custom EVM features.
- Ledger support: Enables hardware wallet compatibility for transactions across both Cosmos and Ethereum networks.
What this means: These updates make it easier for Ethereum developers to build on Sei, improving compatibility and encouraging ecosystem growth. (Source)
2. Core Protocol Stability (April 2023)
Overview: Since April 2023, the main sei-chain codebase has remained stable, with no major protocol changes. Documentation focuses on setting up validators and managing nodes.
Current focus areas include:
- Testnet operations: Instructions for the Atlantic-2 test network.
- Hardware requirements: Nodes need 64GB RAM and 1TB NVMe SSD storage.
What this means: Stability shows Sei’s maturity and reliability, but it may risk falling behind competitors who are innovating more aggressively at the core protocol level. (Source)
3. Giga Upgrade (July 2025)
Overview: The Giga upgrade introduced a new consensus method called Autobahn, which allows multiple blocks to be processed in parallel. This aims to reach 200,000 TPS and finalize transactions in less than 400 milliseconds.
Technical highlights:
- Multi-proposer architecture: Improves transaction throughput by processing multiple blocks simultaneously.
- EVM-only transition: Completed in May 2025 to attract Ethereum developers.
What this means: This upgrade positions Sei as a strong platform for institutional decentralized finance (DeFi) and high-frequency trading, thanks to its high speed and low latency. (Source)
Conclusion
Sei is focusing on improving Ethereum compatibility and developer tools while keeping its core network stable. The Giga upgrade’s performance boost could help Sei carve out a niche in fast trading infrastructure. The key question is whether better tooling can make up for slower core innovation when it comes to attracting long-term developers.