On October 30, 2025, Robinhood Markets, Inc. listed the Sei Network's native token, SEI, on its platform, expanding retail access across most U.S. regions. However, contrary to typical expectations of a price rally post-listing, SEI experienced an immediate decline, falling by 4% to 10% within 24 hours. This drop was attributed to broader market weakness and rising risk-off sentiment, which also impacted other major cryptocurrencies.
Vlad Tenev, CEO of Robinhood, announced the availability, stating, "$SEI is now available to trade on Robinhood." Despite the increased accessibility and initial rise in trading volume, the token's price failed to gain momentum due to external macroeconomic pressures. Analysts noted that SEI's value decreased by over 7%, diverging from historical trends where exchange listings often boost liquidity and prices.
Amid the price challenges, on-chain data revealed robust fundamentals for the Sei Network, including rising total value locked (TVL), increased DeFi activities, and growing stablecoin supply. Transaction volumes and unique active wallets, particularly in the gaming sector, demonstrated network resilience. Co-founders Jayendra Jog and Jeffrey Feng, who lead Sei Network, did not publicly comment on the event.
Crypto analyst Ali highlighted a potential rebound, noting, "The TD just flashed a buy signal for $SEI! Hold $0.19 as support; the next move could be a rebound to $0.31." While no direct institutional support followed the listing, the long-term outlook remains positive due to enhanced visibility and liquidity on Robinhood, with projections of price stabilization as market conditions improve.
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