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The percentages and metrics are calculated from its change over a 7-day time frame, unless noted otherwise.
Highlighting some of the biggest announcements from Sei.
💨 What’s happening: Sei dApp’s are leading growth for the network as it ranks number one by unique active wallets across EVM blockchains.
💨 Why it matters: Sei’s unique active wallets increased 15% to 4.65 million, while transactions spiked by 33% to 13.36 million in the same period, according to DappRadar data. This signals robust growth and engagement within its ecosystem, as it reflects Sei’s ability to attract and retain a diverse user base, from gamers to DeFi enthusiasts.
Unique active wallets and transaction amount can be seen as critical indicators of network engagement and scalability. While a single user can operate multiple wallets, the ability to handle millions of simultaneous interactions without performance degradation showcases Sei’s capacity to support high-throughput applications like gaming and DeFi.
Web3 games like Kawaii Puzzle and Hot Spring lead the way for Sei dApps with 534,000 and 507,000 unique active wallets on the week, respectively. Meanwhile, Sei’s DeFi dApps like Dragon Swap and Sailor Finance recorded 15,580 transactions and 10,150 transactions on the week, respectively. This scalability makes Sei an attractive platform for developers building dApps that demand speed and reliability, as high amounts of wallets and transactions showcase network reliance.
💨 The bigger picture: As web3 gaming and DeFi applications demand faster transaction speeds and lower latency, Sei can prove as a reliable environment for developers. Unlike other blockchains that may struggle with congestion during peak usage, networks that prioritize the ability to support millions of simultaneous interactions will come out ahead.
With that said, if Sei can sustain this type of growth, it could attract a wave of developers focused on gaming and DeFi.
Updates on the latest games, validators, builders and more that are helping Sei expand
MetaMask integrated its onchain wallet to the Sei network
Elixir deployed its fastUSD yield-bearing stablecoin, backed by RWAs, to Sei
USDC issued on Sei rose 48% on the week to $176.2M, USDCcool data shows
Daily perp volume reached $67.2M on August 8, a new monthly high, according to DefiLlama data
Highlighting the builders, users and ecosystem players within the Sei blockchain.
Stargate Finance TVL on Sei rose 300% on the month to $52.34M, DefiLlama data shows
Yei Finance launched its upgraded bridge and lend protocol to Sei mainnet
Learn about Baishi and its AI agent-powered web3 game on Sei in an X space by SeiWeb3
Dragon Land unique active wallets rose 111% on the week to 453.6K, while transactions rose 120% to 3.02M in the same timeframe, according to DappRadar data
Want to get involved in the ecosystem? Check out the latest job postings for Sei Labs and Sei Development Foundation or get involved with an activation below.
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.