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SEI Price on the Rise: $0.111–$0.118 Levels in Focus After Gryps Launch

SEI Price on the Rise: $0.111–$0.118 Levels in Focus After Gryps Launch

2026-01-29

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SEI is currently trading at $0.1061 as of January 28, 2026, marking a 1.64% gain over the past 24 hours, according to CoinMarketCap data. Trading volume rose 13.82% to $30.55 million, although the seven-day trend shows a slight decline of 1.2%. Analysts note the coin is consolidating after a downtrend, forming a narrow $0.1060–$0.1080 range.

Source: CoinMarketCap

Altcoins Facing Similar Resistance Levels

In X post, Crypto analyst Lennaert Snyder emphasized that altcoins, including SEI, currently lack a clear directional bias. “Most altcoins face similar resistance levels,” he said.

Snyder projects that reclaiming $0.11 could trigger a bullish market structure break, while failing to hold $0.1044 might drive prices toward the weekly low at $0.1003.

Investors are also monitoring potential market reactions to today’s Federal Open Market Committee (FOMC) announcements, which may influence broader price trends.

Technical projections highlight two potential scenarios. A bullish breakout above $0.111 could spark an upward move toward $0.117–$0.118, with retests of broken resistance acting as potential support.

Conversely, a breakdown below $0.1044 could push the coin to weekly lows, signaling sustained bearish momentum. Snyder advises traders to watch retests in the current consolidation range for short-term reversal opportunities, emphasizing the importance of market structure analysis when positioning trades.

Source: X

Gryps Integrates Perpetual Hub Ultra on SEI

Beyond price movements, SEI’s ecosystem is gaining traction in professional derivatives. Orbs announced Gryps’ integration of Perpetual Hub Ultra on the the coin, delivering a modular, capital-efficient infrastructure for perpetual futures.

The platform includes hedging, liquidation mechanisms, oracle integration, and intent-based execution to optimize trade routing and reduce execution risk.

The integration aggregates both onchain and offchain liquidity, improving spreads and depth for institutional traders. Analysts suggest this positions SEI as a competitive venue for professional derivatives, narrowing the performance gap with centralized exchanges.

This development reflects a broader trend toward infrastructure-led, onchain perpetuals capable of supporting sophisticated trading while preserving decentralized settlement.

Also Read | SEI Enters Accumulation Zone Despite Break Below 21-Day Moving Average

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