Sei's Collaboration with Xiaomi Captivates Market Amidst Prices Approaching Multi-Quarter Lows

Xiaomi Partnership Expansion: Sei has partnered with Xiaomi to integrate its wallet into upcoming smartphones outside China and the US, providing access to millions of potential users and reducing onboarding friction for blockchain use.

Adoption Fund Initiative: Sei plans to launch a $5 million adoption fund to support the development of payment tools and applications that utilize the integrated wallet, coinciding with the wallet's deployment.

Market Activity and Price Trends: Sei's price is currently around $0.1365, significantly lower than a year ago, but trading volume has surged over 200% to approximately $237 million, indicating renewed market interest.

Liquidity and Trading Environment: Sei exhibits strong liquidity across major exchanges with tight spreads, despite ongoing price declines, and is actively traded on platforms like Binance, Coinbase, Bybit, and KuCoin.