Sei Foundation’s Shocking Plan to Use Blockchain for 23andMe’s 15 Million Genetic Profiles!

Renowned for its layer-1 blockchain, Sei Network, the Sei Foundation is gaining attention for its interest in purchasing genetic testing business 23andMe, which recently filed for Chapter 11 bankruptcy. The goal of the relocation is to securely store genetic information on a blockchain rather than let third parties access it. Important issues arise here: Can blockchain technology safeguard sensitive genetic data? Will decentralization change personal data ownership? The direction of biotech and blockchain integration is under close examination as the argument develops.

Blockchain and Genetic Data: A Game-Changing Proposal?

Gathering genetic information on the blockchain, in the view of the Sei Foundation, is the answer to stop its abuse. 23andMe’s bankruptcy filing has raised worries that businesses without transparency could get hold of sensitive DNA data for 15 million consumers. Using decentralized encryption and covert transactions, the foundation’s plan seeks to give people control of their genetic data once more. Users have already been advised by state agencies to erase their personal information from 23andMe and ask for the destruction of DNA samples. 

But the Sei Foundation contends that blockchain technology could provide a lasting answer—guaranteeing that genetic data remains under user control, private, as well as secure. This could establish a new standard for private data sovereignty if put into effect. The question lingers, however: can blockchain really shield genetic data from being abused? Will legislators embrace this novel approach, or will privacy concerns create fresh legal hurdles? Digital privacy is now under dispute at the juncture of blockchain and biotechnology. Let’s have a look at the Sei price prediction to see how this development impacts the price of Sei.

SEI Price Prediction on March 28, 2025

Breaking below important support at $0.2070, SEI is currently $0.2038 in trading and headed down sharply. First forming an ascending triangle, the price then created a resistance rejection close to $0.2150 and a downward channel. Strong selling pressure is shown in the most recent breakdown; bears control. 11.10 RSI indicates oversold levels that might result in a temporary bounce. At the same time, MACD has produced a bearish crossover, and the negative momentum on the histogram confirms downward risk.

Chart 1: Analysed by vallijat007, published on TradingView, March 28, 2025

If SEI does not recover $0.2070, there is a possible further downside to $0.2000. A recovery in RSI, on the other hand, could set off a relief rally toward $0.2100 or $0.2150 resistance. To recover power, bulls must break above $0.2070. The main issue still is whether SEI will find support at present levels and recover or whether another major drop is ahead. Traders are keeping a close eye as volatility rises.

The Future of Blockchain and Genetic Data

The Sei Foundation’s idea to buy 23andMe and preserve genetic information on blockchain could transform digital privacy. Sei Network seeks to stop corporate exploitation and give consumers total control by distributing data storage. Still, the government may limit the storage of blockchain-based genetic data through regulatory issues. Success here would create a model for the combination of biotech and blockchain. The central issue is whether Sei Network’s view will transform data security or if regulatory obstacles will block it.