Sei Soars on Giga Upgrade Hype and Social Speculation

Sei has seen a 3.4% gain in recent days, driven by a mix of bullish social narrative around its 'Giga' upgrade and earlier institutional storylines.

The price move appears to be largely fueled by short-term speculation and social hype on platforms like X, where technical traders and influencers have been aggressively promoting Sei as a potential candidate for significant upside.

A popular post highlighted the coin's chart as being near the bottom of its entire historical range, with targets at roughly 0.377, 0.73, and 1.14, suggesting a full move could be around +2,400%.

The 'Giga' upgrade narrative has been ongoing, with Sei rolling out new execution and storage architecture, integrations like tokenized equities and Chainlink U.S. Equities Streams, and aiming for high-performance trading and fast on-chain execution.