Sei's Big Divergence: Fundamentals Boom with Japan Approval as Price Stalls

  • JFSA approval opens Japan’s tightly regulated market to Sei Network’s growth

  • Sei hits record 671K active addresses, signaling rapid adoption and user growth

  • Despite bearish trend, RSI and MACD hint at possible short-term $SEI price reversal

Sei Network ($SEI) is making headlines after receiving approval from Japan’s Financial Services Agency (JFSA), marking a major milestone for the project. This regulatory greenlight is essential for any cryptocurrency to be listed on Japanese exchanges, giving Sei direct access to one of the most highly regulated and active crypto markets globally. 

AltcoinGordon, an analyst sees this as a pivotal move that could dramatically influence $SEI’s trajectory. Historically, similar approvals, like Ripple’s XRP, triggered major price rallies. Investors are now watching closely to see if Sei follows the same pattern.

$SEI just received approval from Japan’s FSA

It is required in Japan to be listed on exchanges so quite important.

Once XRP received this, it had a HUGE rally 👀@SeiNetwork 🤝

— Gordon (@AltcoinGordon) July 4, 2025

Surging On-Chain Activity Signals Strong User Growth

Besides regulatory progress, Sei’…

The post Can SEI Bounce from $0.26 Support After Japan Approval Boost? appeared first on Coin Edition.