you can only say this if youâre staring at the chart and not the chain.
people said the same about solana when it was at $8 saying âno news, no momentum.â
they just werenât paying attention to what was actually building underneath.
sei looks the same right now.
âą giga upgrade in devnet hitting 200k+ tps
âą blackrock, brevan howard, and nomura already live through @KAIO_xyz
âą circle mint and pyusd both on-chain
âą 1m+ daily users and over $600m tvl
âą $10b+ dex volume with dragonswap doing $4b alone over the past week
âą projects like @yeifinance, @takaralend, @monacoonsei, @dragonswap_dex, @citrex_markets and @Featherlend amongst others are already shipping while many others are still in pre-tge except YeiFinance which had a very impressive launch
that doesnât sound like a chain with âno storyâ to me.
itâs a chain preparing for the future and itâs still super early, so i get the drive.
try using @SeiNetwork once and youâll see what i mean.
till then, remember that the market moves faster on sei ($/acc).

$SEI is currently hanging around its support zone, but honestly, I canât get too excited about it at these levels. Thereâs no strong news or catalyst from the outside, and the chart doesnât really give that âitâs ready to bounceâ feeling either. It just seems to be moving along with the overall market trend.
In times like this, if a coin doesnât have its own story or narrative, it usually just drifts with the marketâs momentum. Maybe it recovers in the long run, but for now, I donât see the kind of momentum that makes me say, âyeah, this is a buy.
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