SEI Rises 10% After Zero-Fee Swap Integration Across Major Wallets

iconAMBCrypto
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
SEI rose over 10% in 24 hours after zero-fee swaps launched on MetaMask, Backpack, and YeiFinance. Gas costs were removed, improving user access. Trading volume jumped 258%, showing broad participation. The fear and greed index shifted toward optimism as more traders joined the network. Activity remains strong across major platforms.

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.

AD

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.

SEI technical analysis
Source: TradingView

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.

Source: DefiLlama

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.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.