"Macro Woes and Sell-The-News Sink SEI's Robinhood Debut by 7%"


SEI, the native token of SeiSEI-- Network, faced a mixed market reception following its highly anticipated listing on RobinhoodHOOD--, one of the largest retail trading platforms globally. Despite the listing's potential to boost exposure to 25 million users and $13 billion in monthly crypto trading volume, the token dropped 7% in 24 hours, trading near $0.19, according to a LiveBitcoinNews report https://www.livebitcoinnews.com/crypto-news-today-sei-price-could-rally-as-robinhood-listing-boosts-investor-hype/. The decline mirrored a broader crypto market slump, with BitcoinBTC-- falling below $110,000 and EthereumETH-- dipping under $3,900 amid Federal Reserve warnings of delayed interest rate cuts. Over $640 million in long positions were liquidated, dragging down altcoins including SEI, according to a CryptoTimes report https://www.cryptotimes.io/2025/11/02/sei-token-slides-post-robinhood-debut-in-market-dip/.
The listing, announced on October 30, initially fueled optimism after a 15% weekly rally driven by anticipation. However, the price reversal highlighted the challenges of market timing. Analysts attributed the drop to a "sell-the-news" effect, where traders cashed in early gains, and macroeconomic pressures overshadowed the listing's potential. Trading volume surged by 92% to $155 million, but much of it stemmed from selling activity, according to a CoinGabbar analysis https://www.coingabbar.com/en/crypto-currency-news/sei-crypto-robinhood-launch-price-crash-6-percent-analysis.
Technical indicators suggest a potential rebound if key support levels hold. The Relative Strength Index (RSI) for SEI stands at 35.98, nearing oversold territory, while the TD Sequential indicator flashed a buy signal at $0.19, as LiveBitcoinNews noted. Analyst Ali said that a sustained recovery above this level could push the token toward $0.31. Further upside would depend on broader market sentiment and institutional adoption.
Sei Network's institutional traction adds a layer of resilience. BlackRock and Brevan Howard recently expanded their tokenized fund operations onto the Sei blockchain via KAIO, enabling onchain trading of assets like the BlackRock ICS US Dollar Liquidity Fund. This integration positions Sei as a hybrid ecosystem bridging institutional finance and retail participation, per CryptoTimes.
Robinhood's listing also enhances SEI's accessibility, particularly for U.S. retail investors. The platform, managing $200 billion in assets, has historically supported tokens like DogecoinDOGE-- and SolanaSOL--. While the immediate price reaction was bearish, the listing could catalyze long-term adoption by simplifying onramps for new users, according to a CryptoMoonPress post https://cryptomoonpress.com/news/robinhood-lists-sei/.
Market analysts remain cautiously optimistic. SEI's Total Value Locked (TVL) in DeFi projects has stabilized above $400 million, reflecting ecosystem growth despite recent corrections. A break above $0.23 could confirm a short-term reversal, while sustained trading above $0.18 is critical to avoid renewed downside pressure, notes a CryptoFrontNews piece https://cryptofrontnews.com/sei-price-builds-momentum-above-0-19-as-whale/.
The path forward hinges on macroeconomic clarity and buyer momentum. If the Federal Reserve signals rate cuts in early 2026, crypto markets could rebound, potentially lifting SEI toward $0.25–$0.30. For now, traders are monitoring $0.19 as a pivotal support level, with technical indicators and institutional developments offering a dual layer of hope for recovery.
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