Sei (SEI) Eyes Giga Upgrade for Potential Price Recovery

Sei (SEI) is trading near $0.06 as investors weigh the potential of the upcoming Giga upgrade to revive the token's price towards $0.20.

The Layer 1 token has been in a bearish trend since 2025, with its market capitalization sitting at around $451 million and daily volume at approximately $45 million.

Sei broke below the crucial psychological support of $0.10 in the first quarter of 2026 and is currently inside a multi-year falling wedge, according to analysts at Coinpedia.

The Giga upgrade aims to boost transaction capacity by over 200,000 transactions per second and reduce finality times to under 400 milliseconds through the introduction of Autobahn consensus and asynchronous execution.