Sei Stablecoin Market Cap Reaches All-Time High
- All-Time High Market Cap: The Sei stablecoin market cap reached an all-time high of $330.5 million on May 15, indicating a significant increase in user engagement and reflecting the accumulation and movement of capital on the blockchain.
- Surge in Transaction Volume: Filtered stablecoin transaction volume hit $4.9 billion in May, marking the highest recorded volume in 2026, suggesting a recovery in network activity and increased user engagement.
- Feather Deposits and Borrowing: As of June 2, Feather's vaults recorded $59.8 million in deposits and a record $24.3 million in borrowed amounts, highlighting user pursuit of yield and the platform's attractiveness.
- Real-World Asset Activity: Sei RWAs minted $151.8 million in May, reflecting ongoing institutional interest in tokenized yield products, despite a 25.1% drop in SEI token price over the past week.
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Technical Analysis for STABLE
Technical Sentiment Analysis for (STABLE). As of , (STABLE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for STABLE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, STABLE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
(STABLE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0243 | 0.0275 | 0.0311 | 0.0343 | 0.038 | 0.0412 | 0.0448 |
| Fibonacci | 0.0275 | 0.0301 | 0.0317 | 0.0343 | 0.0369 | 0.0385 | 0.0412 |
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