- V2 upgrade introduces parallel EVM execution, aligning SEI with Ethereum while preserving high throughput and reduced latency.
- FastUSD stablecoin and Proposal 55 target lower-latency DeFi, streamlining utility, governance rewards, and token allocation mechanisms.
SEI is currently trading at $0.2071, showing a strong +6.92% daily gain, but still within a broader correction phase.
Over the last week, SEI has climbed +12.05%, suggesting a short-term bullish recovery, although the token remains -8.06% down over the past month, and -51.08% in the last six months.
Year-to-date, SEI is down -47.84%, and on a 12-month view, it has lost -42.60% of its value. It trades ~82% below its all-time high of $1.1455, reached earlier in 2024.
Despite its volatile price action, SEI continues to build as a next-gen Layer 1 focused on high-performance DeFi and trading apps. The protocol’s major recent milestone was the launch of the Sei V2 upgrade, which introduced a parallelized EVM execution model — a technical leap designed to bring Ethereum compatibility while maintaining Sei’s high throughput. This EVM feature is positioned to compete with Solana and Sui by improving smart contract performance, reducing latency, and enabling cross-chain deployment.
Also notable was the “Giga Whitepaper” deep dive (May 21, 2025), where the Sei Foundation outlined future plans for scalability and ecosystem expansion. SEI is also moving forward with its fastUSD stablecoin, aiming to power lower-latency DeFi transactions. These come after the approval of Proposal 55, which is part of its DAO governance model to streamline token utility and rewards.
Technically, SEI is trying to bounce from a base formed around $0.15–$0.17, with several traders identifying bullish zig-zag corrections and wave accumulation patterns. If momentum holds, $0.26–$0.30 is seen as a near-term resistance range. However, failure to maintain above $0.20 would risk retesting support at $0.18 or lower.
Trading volume remains high at $275.9 million, suggesting strong market interest. Circulating supply is around 5.56 billion SEI, with a total supply of 10 billion, giving it a market cap of $1.15B and a FDV of $2.06B — relatively moderate inflation compared to some other newer L1s.
