SEI price is trading around $0.14, up nearly 4% in 24 hours, even as it sits 88% below its March 2024 peak. The move comes during one of the chain’s busiest months ever, from institutional listings to a surge in RWA activity, creating a rare contrast between strong ecosystem growth and muted price performance.
Data shows that Sei has now recorded 83M+ distinct addresses since May 2024 and crossed 4B lifetime transactions. On-chain growth also reflects new capital entering the ecosystem, with nearly $30 million in RWAs from giants like BlackRock, Hamilton Lane, and Apollo.
At the same time, November brought one of the strongest fundamental months in SEI’s history, including the Canary Staked SEI ETF (SEIZ) listed on DTCC, Binance joined as a validator, SEI listed on Robinhood, Binance US, OKX, and more, and daily DEX volume climbed 52.6% QoQ.
These moves expanded global access and strengthened SEI Crypto’s credibility, yet broader altcoin weakness has kept the SEI price subdued.
SEI Price Tests a Crucial Short-Term Range
SEI trades in a tight band near $0.1326–$0.1430, with volume up 32% to $51M, suggesting interest is returning after a slow week. Market cap sits at $893M, keeping SEI coin in the mid-cap bracket where sentiment can shift quickly.
The chart shows a clear near-term rejection at $0.143, where sell-side liquidity is stacked. Meanwhile, cumulative volume data shows buyers active near $0.132–$0.135, creating a visible support shelf.
Analyst Ali on X highlights a major multi-month downtrend, with a critical resistance line overhead at $0.22, the level that must be broken to confirm a macro reversal.
Momentum remains neutral. SEI price is holding above recent lows, but its trend still leans corrective until bulls reclaim higher levels. With liquidity thin and Bitcoin’s market dominance high, altcoins like SEI Coin often need catalysts, and November delivered several.
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