SEI Price Falls Despite 155% RWA Volume Surge – Here’s Why

Share

The number of holders of tokenized assets on Sei Network grew by around 24% in 30 days, reaching 2,535 according to RWA.xyz data. Distributed value on the platform rose to $291 million, while tokenized asset transfer volume surged 155% to $18 million. Bridged total value locked also increased to $361 million, a level last reached in July. Despite this activity, SEI remains in a bearish structure, falling from $0.063 to $0.057 and losing the $0.06 support. A further decline could take it to $0.052, while a move above $0.077 could signal a stronger recovery.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items