Sei Treads Water as Traders Weigh Giga Upgrade's Potential

Sei (SEI) is testing its key floor near $0.06 as traders weigh whether the Giga upgrade can ignite a recovery toward $0.20.

The token's market capitalization sits at around $451 million, with daily volume around $45 million.

Analysts at Coinpedia argue that Sei's multi-year falling wedge has been shaped by three clear resistance touches, the most recent in September 2025.

They see price gravitating toward $0.020, where selling could finally exhaust itself.

The Giga upgrade introduces the Autobahn consensus and asynchronous execution, targeting more than 200,000 transactions per second and sub-400 millisecond finality.