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Sei Network Sees Record Transactions and Fees Growth

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by Giorgi Kostiuk

7 hours ago


In recent months, Sei Network has demonstrated significant increases in activity. According to data from Nansen, the number of daily transactions has tripled, reaching a record high.

Steady Increase in Sei Transactions

According to Nansen, on June 25th, users conducted 1.6 million transactions on Sei Network, marking the highest figure recorded during the observational period.

Key Projects Driving Growth

Notable projects contributing to Sei's growth include World of Dypians, Nika Labs, EUFT, ERC-4337, and Dragon Slither. These initiatives have increased user engagement, which is reflected in rising fees.

Comparison with Other Blockchains

While Sei has shown impressive growth, Ethereum continues to lead in fee revenue, rising 49% to over $10 million. Arbitrum also displayed strong dynamics with a 48% increase. In contrast, transaction volume and address activity on larger networks like BNB Chain and Base have decreased.

Sei Network continues to show impressive results, recording record levels of activity and fee growth while other blockchains face declining engagement.

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