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Transaction Growth in Sei Network: Tripled in Volume

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by Giorgi Kostiuk

5 hours ago


The Sei network has demonstrated significant transaction activity and fee increases over the past three months, according to data from Nansen.

Surge in Sei Transactions

The Sei network recorded a notable increase in daily transactions, reaching 1.6 million on June 25, marking an all-time high.

Project Contributions to Sei Growth

In the past 30 days, projects such as World of Dypians, Nika Labs, EUFT, ERC-4337, and Dragon Slither have made significant contributions to the growth of the Sei network.

Comparison with Other Networks

According to Nansen, Sei v2 has experienced an 1,840% increase in transaction fees, reaching $19,060. Meanwhile, Ethereum increased its fees by 49%, securing the top position, and Arbitrum followed with a 48% increase. Larger networks like BNB Chain and Base experienced a drop in transactions and active addresses.

The Sei network has emerged as a rapidly growing player in the market, showcasing significant increases in transaction activity and fees, while other networks show mixed results.

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