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.