Sei has integrated zero-fee swaps across MetaMask, Backpack, and YeiFinance, removing gas costs and lowering barriers for users. This shift improves accessibility, which was directly reflected in market behavior as SEI gained over 10% in 24 hours.
Trading volume has surged by more than 258%, showing a sharp rise in participation rather than isolated buying. Users can now interact across multiple wallets without friction, showing that transaction activity supported organic demand rather than speculative spikes.
Can SEI break descending pressure?
SEI rebounded from the $0.050 support level after an extended decline, showing clear buyer interest at this demand zone.
The token traded within a descending channel at the time of writing, which continued to define the broader structure.
Although the rebound has pushed SEI toward mid-range levels, resistance near $0.062 and $0.070 still capped upside movement. This structure reflected controlled recovery rather than a confirmed reversal.
As price attempted to climb, each rejection within the channel reinforced SEI’s bearish pressure. However, holding above $0.050 will prevent a further breakdown.
A sustained push beyond the channel would be required to shift structure, yet current positioning still reflects compression under resistance.
RSI has rebounded from oversold conditions and sat around 40.78 at the time of writing, reflecting easing sell pressure after the recent drop. However, RSI remained below the midline, which limited confirmation of bullish strength.
TVL drop questions rally strength
SEI’s Total Value Locked stood at $43.2 million at press time after declining by 7.32% over the past 24 hours. This drop contrasted sharply with the rising price and increased trading activity.
While price and volume suggested growing interest, declining TVL indicated that capital within the network had reduced. This divergence raised concerns about the sustainability of the current move.
If network value does not expand alongside price, the rally risks relying on short-term participation rather than long-term commitment. However, accessibility improvements from zero-fee swaps could eventually attract new liquidity.
For now, the mismatch between TVL and price reflects an imbalance that weakens the foundation of the ongoing recovery.
To sum up, Sei’s utility expansion has improved accessibility and driven strong participation, yet structural pressure remains intact within the descending channel.
The RSI recovery supports a short-term bounce, though it does not confirm dominance. Meanwhile, declining TVL has weakened the rally’s foundation.
As a result, the current setup favors a downside sweep toward $0.048 before any stable upward continuation.
Final Summary
- Zero-fee utility improves demand structure, yet price still reacts to liquidity imbalances rather than sustained capital inflows.
- LIT’s recovery remains fragile despite improving short-term participation signals.
Evans Boto
JournalistEvans Boto is a crypto-fundamental analyst and journalist at AMBCrypto, specializing in evaluating the intrinsic value and long-term viability of digital assets. He analyzes protocol utility, tokenomics, and on-chain data to cut through market hype and deliver research-driven insights on blockchain, DeFi, and emerging fintech trends.
