SEI Secures Spot in Coinbase COIN50 Index, Bullish Technicals Target $0.138

SEI has surged 4.76% to $0.1303 following its inclusion in Coinbase's COIN50 Index, a benchmark tracking the exchange's 50 most liquid assets. This development significantly boosts institutional visibility, as index-tracking funds can now easily gain exposure to SEI. Technical indicators are showing bullish divergence, with analysts identifying $0.138 as the next key resistance level. The upward momentum aligns with broader crypto market trends, further solidifying SEI's position as a promising asset in the digital finance landscape.

SEI Gains Coinbase Index Inclusion as Technicals Signal $0.138 Target

SEI surges 4.76% to $0.1303 after Coinbase adds the token to its COIN50 Index, a benchmark tracking the platform's 50 most liquid assets. The listing amplifies institutional visibility—index-tracking funds now have streamlined exposure to the asset.

Technical indicators flash bullish divergence, with analysts eyeing $0.138 as the next resistance level. The move comes amid broader crypto market momentum, with SEI's trading volume expected to benefit from heightened investor attention.

2025 SEC Update: Gensler Warns of Highly Speculative Crypto Market, Except for Bitcoin

SEC Chair Gary Gensler has reiterated his cautionary stance on cryptocurrencies, labeling most as "highly speculative" while maintaining Bitcoin's classification as a commodity. His remarks come amid ongoing industry pushback against the SEC's aggressive enforcement actions, including lawsuits against major platforms like Coinbase and Kraken.

The crypto market remains polarized by Gensler's insistence that token issuers are distributing unregistered securities. Critics argue this approach stifles innovation, while regulators emphasize investor protection through transparency and due diligence.