SEI Price: 3 Major Catalysts to Monitor Following a 7.86% Decline

The SEI price reflects ongoing selling pressure even as Sei’s Giga upgrade aims to boost transaction throughput and position the network for tokenized financial markets. As of press time, SEI is changing hands at $0.05745, down 7.86% over the last 24 hours, based on the TradingView chart provided. The network’s goal of 200,000 transactions per second (TPS) provides a long-term development narrative, whereas technical indicators and falling total value locked (TVL) paint a contrasting picture of present market conditions.