Sei has integrated fee-free trading on MetaMask, Backpack and YeiFinance, removing gas costs and lowering barriers for users. This change improves affordability, which was directly reflected in market behavior as SEI gained over 10% in 24 hours.
Trading volume jumped more than 258%, reflecting a surge in participation rather than isolated purchases. Users can now interact across multiple wallets without friction, showing that transaction activity supported organic demand rather than speculative peaks.
Can SEI break the downward pressure?
SEI rebounded from the $0.050 support level after an extended decline, showing clear buyer interest in this demand zone.
The token was trading in a descending channel at the time of writing, which continued to define the larger structure.
Although the rebound pushed SEI towards mid-range levels, resistance near $0.062 and $0.070 still limited the upward movement. This structure reflects a controlled recovery rather than a confirmed reversal.
As the price attempted to move higher, each rejection within the channel reinforced the downward pressure on SEI. However, staying above $0.050 will prevent further breakdown.
Sustained thrust beyond the channel would be required to alter the structure, but the current positioning still reflects compression under resistance.
The RSI rebounded from oversold conditions and was hovering around 40.78 at the time of writing, reflecting an easing of selling pressure after the recent decline. However, the RSI remained below the midline, which limited the confirmation of bullish strength.
TVL drops questions about strength of rally
SEI’s total value locked stood at $43.2 million at press time, following a 7.32% decline over the past 24 hours. This decline contrasts sharply with rising prices and increased commercial activity.
While price and volume suggested growing interest, the falling TVL indicated that capital within the network had diminished. This divergence has raised concerns about the sustainability of the current movement.
If network value does not increase alongside prices, the rally risks relying on short-term participation rather than long-term commitment. However, improving accessibility through zero-fee swaps could potentially attract new liquidity.
For now, the mismatch between TVL and price reflects an imbalance that weakens the foundations of the ongoing recovery.
In summary, the expansion of Sei’s public services has improved accessibility and attracted high participation, but structural pressure remains intact in the downward channel.
The RSI recovery supports a short-term rebound, although it does not confirm dominance. In the meantime, the decline in TVL weakened the foundations of the rally.
As a result, the current setup favors a decline towards $0.048 before any stable continuation higher.
Final Summary
- No-fee utilities improve the structure of demand, but prices still respond to liquidity imbalances rather than sustained capital inflows.
- The LIT recovery remains fragile despite improving short-term participation signals.
