SEI Price Prediction: Analysts Think the Giga Upgrade Could Change the Trend

The SEI price is showing signs of life after spending months under heavy selling pressure. A bounce from recent lows has given bulls something to work with, but the bigger trend has not changed yet.

That leaves traders asking an important question. Is this the start of a larger recovery, or simply another temporary rally inside a much broader downtrend?

Read Also: Claude AI Predicts the Bitcoin Price Before the End of June

The SEI Price Is Trying to Build a Base

We had a look at the daily chart shared by More Crypto Online, and the key level remains the support zone around $0.045. The SEI price is now trading around $0.055–$0.057, having recovered by around 4% to 8% in the last 24 hours. 

Despite the recovery, the token is still around 95% lower than its all-time high price of $1.14. The Elliott Wave count on the chart points to what could be the completion of a five-wave decline. If that analysis holds, SEI may be entering a larger corrective move before the next major trend develops.

The first hurdle is in the $0.058-$0.060 range. A breakout above this level may clear the way to the next Fibonacci level at $0.092. Further on, there are barriers at $0.137 and $0.190. Levels of support are located in the $0.044-$0.045 range. A decline below this level will lead to further declines towards the levels $0.035-$0.023.

Sei Is Betting on the Giga Upgrade

The recent bounce has improved short-term sentiment, but the broader picture still favors caution. The daily structure continues to show lower highs and lower lows that have been in place since 2024. Every recovery attempt during that period eventually ran into selling pressure.

That is why many traders are waiting for a complete five-wave move higher before treating this rally as the beginning of a larger trend reversal. Until that happens, the recovery remains a counter-trend move inside a much larger bearish structure.

Outside of price action, Sei’s biggest catalyst remains the rollout of its Giga upgrade. The project plans to increase network performance to more than 200,000 transactions per second with transaction finality below 400 milliseconds using its Autobahn consensus mechanism. 

Development milestones are scheduled throughout 2026 as Sei continues targeting high-performance financial applications and institutional users. Major blockchain upgrades often attract speculative interest before launch. If Sei delivers each phase on schedule, confidence around the network could improve. 

Read Also: ChatGPT Predicts Dogecoin (DOGE) Price Before the End of June

Adoption Is Growing, but Competition Is Strong

Sei is also expanding its presence in tokenized real-world assets and decentralized finance. The network has attracted partnerships that include Securitize and recorded roughly $202 million in net RWA inflows during the past 90 days. Those numbers show steady progress, although they still trail some of the larger networks competing in the same sector.

On-chain activity presents a mixed picture. The TVL has had an increase and decrease through 2026, and daily active users have dropped from previous peaks. This means that Sei must still improve its ecosystem performance in order to stand out among other chains like Solana, Aptos, and Sui.

Token Unlocks Continue to Weigh on the SEI Price

Supply remains another challenge for the SEI price. Sei has a maximum supply of 10 billion tokens, with roughly 7.2 billion already in circulation. The remaining allocation continues entering the market through scheduled vesting events, adding recurring selling pressure.

Furthermore, the general state of the market is also acting as a brake on further appreciation. The mood for cryptos is still bearish, while capital flow into alt-coins has been muted. The SEI price currently finds itself caught in a struggle between improving technicals and fundamental concerns. 

Traders will be watching whether support near $0.045 continues to hold, whether the Giga upgrade stays on schedule, and whether stronger adoption can eventually offset token unlocks and growing competition across the Layer 1 market.

FAQs

What is the Giga upgrade for Sei

The Giga upgrade is Sei’s planned network overhaul designed to increase throughput to more than 200,000 transactions per second with transaction finality below 400 milliseconds using the Autobahn consensus mechanism.

What is Sei mainly used for

Sei is a Layer 1 blockchain focused on high-speed trading, decentralized finance (DeFi), and tokenized real-world assets (RWAs), with an emphasis on fast transaction processing.