SEI Price Stagnant at $0.06 Amid Giga Upgrade Hopes

SEI's price has been hovering near $0.06 as traders weigh whether the Giga upgrade can revitalize the token and propel it toward $0.20.

The Layer 1 token is currently trading at around $0.0636 after a quarter of bearish performance since 2025, with its market capitalization sitting at approximately $451 million and daily volume at $45 million.

SEI broke below the $0.10 psychological support during the first quarter of 2026 and now finds itself inside a multi-year falling wedge, as identified by analysts at Coinpedia.

The Giga upgrade aims to increase transaction processing capacity to over 200,000 transactions per second (TPS) with sub-400 millisecond finality through the introduction of Autobahn consensus and asynchronous execution.