The SEI network has shown significant growth over the past eight months, characterized by rising usage metrics and attention from institutional investors.
Growing Total Value Locked (TVL)
Since the beginning of the year, the Total Value Locked (TVL) in the SEI network has surged from $13 million to $1.32 billion, representing an impressive 9,900% increase. The number of new wallets created has reached 266,000, and daily transactions now exceed 1.6 million.
Technical Capabilities of SEI
SEI's architecture supports high performance, achieving transaction finality in less than 400 milliseconds and throughput of up to 250,000 transactions per second. This performance enables SEI to maintain compatibility with Ethereum, opening new opportunities for developers.
Institutional Achievements and Integrations
The SEI network has attracted attention from institutions, including the state of Wyoming, which selected SEI for its stablecoin pilot project. In Europe, CoinShares has launched an exchange product related to SEI, expanding accessibility for regulated investors.
The growing interest in the SEI network, confirmed by consistent increases in TVL and engagement from institutional participants, underscores its significance in the blockchain economy.