SEI is around $0.29 right now. Real-time sources place it at $0.291–$0.293 with a daily drop of nearly –4% and a weekly decline of ~–12%.
What explains the recent pullback
Profit-taking after previous rises and weak technical signals on daily frames.
Macro noise (uncertainty in monetary policy) and general market pressure.
References to token unlocks/emissions as a specific supply factor.
These reasons have been highlighted in recent CMC analyses.
Context
Even with the pullback, Sei maintains traction in DeFi/TVL within its ecosystem, which helps the medium-term use case.