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Current Market Activity: SEI, Hyperliquid, and Cold Wallet

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by Giorgi Kostiuk

2 hours ago


The cryptocurrency market is showing positive signals across various assets, including SEI, Hyperliquid, and Cold Wallet. This article reviews the key metrics and events influencing current trends.

SEI Price Analysis

SEI's price chart may be at a turning point. Market analyst Ali (@ali_charts) noted that the Supertrend indicator flipped green right at the bottom of SEI's trading channel. In the past, this signal has been followed by notable rallies. If history repeats, a climb toward $0.54 is possible.

Hyperliquid's Achievements in July

Hyperliquid had a standout July, bringing in 35% of all blockchain revenue. This performance pushed it ahead of even Solana in on-chain trading activity. The Phantom Wallet integration added $2.66 billion in trading volume and drew 21,000 new users, marking one of DeFi’s biggest growth months this year.

Cold Wallet Growth and Successful Presale Stage

Cold Wallet's $270 million buyout of Plus Wallet has reshaped its growth path. The deal added over two million users, all signed up within just seven months. The presale response has been strong, with more than $5.9 million already raised at a price of $0.00998, indicating growing demand for the asset.

Currently, SEI shows reversal signals, Hyperliquid displays significant growth, and Cold Wallet attracts the most attention due to its acquisition of Plus Wallet and rapid user increase. The blockchain space is traditionally subject to volatility, and monitoring these indicators may help determine future trends.

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