SEI Holds $0.27 Support With the Sights on $0.34 After Apollo Collaboration
- SEI is holding strong support at $0.27 and could rally toward the $0.34 resistance if momentum builds.
- Apollo Global Management integrates its $1.2 billion ACRED private credit fund into the Sei blockchain.
- A successful breakout above $0.34 may trigger a shift to a bullish market structure.
Sei (SEI) is experiencing a slightly downward pressure but showing resilience for a potential breakout as it holds its key support. The token has registered a slight decline of 1.65% over the last 24 hours with a weekly loss of 14.99%.
The SEI is currently trading at $0.2760 with a trading volume of $168.47 million, reflecting an appreciation of 12.19% over the last 24 hours. The token’s market capitalization stands at $1.69 billion with a loss of 1.74%.
Source: CoinMarketCap
Apollo Brings Private Credit Fund to Sei Blockchain
According to the data from Sei, Apollo Global Management, the $840 billion asset manager, has brought its $1.2 billion ACRED private credit fund to the Sei blockchain. The move is powered by Securitize, Wall Street’s leading tokenization provider, enabling shares of the fund to be issued and managed on-chain. This marks a significant step in bringing institutional-grade private credit into blockchain-native markets.
By choosing Sei, a high-speed Layer 1 built for financial applications, Apollo gains scalable infrastructure for tokenizing real-world assets. The integration promises faster settlement, greater transparency, and new liquidity opportunities in an otherwise illiquid market. It’s another sign that Wall Street is moving firmly into Web3, with Apollo leading the charge.
Also Read: SEI Price Forecast Signals Critical Support Zone Could Decide Next Move
SEI Holds $0.27 Support With Eyes on $0.34 Resistance
The crypto analyst, Ali on X, noted that SEI is showing notable strength as it continues to hold firmly above the key $0.27 support level, despite ongoing market volatility. Buyers quickly stepped in to absorb selling pressure, reflecting renewed confidence and steady accumulation at this crucial demand zone. Holding this level suggests bullish traders are not ready to give up momentum just yet.
Source: X
If positive momentum persists, SEI could rebound towards the major $0.34 resistance area, where previous rallies have repeatedly been capped. A successful penetration above that area could decisively shift market structure towards buying. But a failure to hold support at $0.27 could raise the odds of deeper corrections consistent with current market forces.
SEI Community Sentiment Supports Ongoing Rally
The data from CoinMarketCap revealed that the community opinion demonstrates a very bullish sentiment, with 85% of the 94.5K respondents anticipating upwards movement. That means that the majority of the participants believe there will be good performance coming. The huge green bar graphically supports the belief towards an uptrend.
Source: CoinMarketCap
On the other hand, only 15% of respondents vote bearish sentiment as a sign of a minority expecting down. Regardless of that, their presence indicates that there is still caution existing in the market. That minority but visible portion is represented by the red portion of the bar.
Also Read: SEI Price Eyes $0.75 Target While Testing Crucial $0.28 Support
