Despite the volatility the crypto market has experienced in recent weeks, Sei is signaling a quiet but noticeable recovery. Sei, which was traded at $ 0.1421 at the time of writing, increased by 2.1% in the last 24 hours. The token, which is up a decent 2.3% on a weekly basis, is still down 24% in the last 30 days. However, this weak outlook on the price chart is balanced by the strong increase on the trading volume side.
Sharp Increase in Volume and the Message of the Derivatives Market
Sei’s 24-hour trading volume increased by 261%, reaching $237 million. CoinGlass data confirms that the derivatives side has been similarly active: Derivatives volume increased by 202% to $400 million, while open positions increased by 8.7%. When both volume and open interest rise together, it is generally interpreted as new positions being opened in the market and preparations for a fresh move are being made. This shows that on the Sei side, investor interest has revived after a long stagnation.
Xiaomi Agreement and Mobile Ecosystem Attack
The main reason why Sei is on the agenda again is undoubtedly the comprehensive integration with Xiaomi. In its statement on December 10, the company announced that the new generation finance application will be installed internally on Xiaomi’s new phones. APPLICATION; It will offer a hub where stablecoin payments, P2P transfers and various Web3 applications can be explored.
Xiaomi, which has 680 million global users, will send the “Sei Mobile App” ready-installed to all new phones outside China and the USA. This; It indicates a wide scope from Europe to Southeast Asia, from Latin America to Africa. Initial launch regions include Hong Kong and the EU; There is a possibility that users in these regions will be able to purchase Xiaomi products and even the company’s electric vehicles with stablecoins starting from the second quarter of 2026.
Analysts consider this collaboration as a “hardware-level distribution model” that is rare in the Web3 world. The opportunity to reach millions of users without having to download and install the application indicates serious growth potential for Sei. Even an activation rate of just 10% means 17 million new users every year. In parallel, the Sei team created a $5 million mobile innovation fund and announced that preparations for the “Giga Upgrade”, in which the network will increase to 200,000 transactions per second, have been completed.
On the technical side, the picture points to a cautious recovery. There is a weakening in the downward trend that has been going on for months; The price closed above the Bollinger middle band for the first time in weeks. The steady climb of the RSI towards the 48 level also supports the momentum. While short-term moving averages are giving a buy signal, long-term ones are still weak; This shows that the recovery is at a very early stage.
On the other hand, the $0.145–$0.146 range constitutes a strong resistance. If this area is exceeded, a new area may be opened towards $0.17-0.18. However, a drop in the price below $0.135 again could indicate that the recent volume increase is not permanent, bringing the bearish scenario back to the table.
Last week, mobile integration was also on the agenda on the Solana side, and the Solana Mobile team announced an update that would make the Web3 wallet a core component of the device in the new Saga models. This is considered part of a broader trend that shows blockchain projects moving towards user acquisition at the hardware level.
