- Sei Network has reached a record 2.5M monthly active addresses
- Sei Network transaction speeds 0.3-0.6 seconds, ahead of Aptos and Sui
- SEI went up to $0.7 for the first time since April but experienced a correction to ~$0.51
Sei Network has reached a record 2.5M monthly active addresses, demonstrating its popularity among users and claiming its place among other blockchains.
This could largely be because Sei set a new transaction speed record, clocking in at 0.3-0.6 seconds ahead of all active competitors.
Meanwhile, the SEI token reached $0.7 for the first time since April 2024 but experienced an immediate correction to $0.51 and is now trading at ~$0.57.
More About Sei Network’s Achievements
Sei Network is setting a new standard for transaction speed on the blockchain with a record of 0.3-0.6 seconds. This is well above the averages of major blockchains like Ethereum and Cosmos with their 13-20 minutes and 6-7 seconds, and even Aptos and Sui with their 0.9 seconds and 1-2 seconds, respectively.
This is much more important than it may seem because transaction speed is one of the aspects in which centralized applications are still performing better than decentralized ones. The more transaction speeds are reduced, the more efficient dApps will be and the fewer obstacles to their widespread adoption.
This could also attract more engineers and motivate them to develop the DeFi ecosystem, which in turn could attract more end users – and here Sei Network has something to boast about as well. Sei Network recently reached 2.5M monthly active addresses, which is a record for the network and potentially solidifies its place among other key blockchains.
Also, the SEI token price is showing momentum, and on Dec. 5, it posted a price of $0.7 for the first time since April 2025. However, a correction to $0.51 came immediately and is still ongoing. SEI is trading ~$0.57 at the time of writing.
Conclusion
Good performance that matters for DeFi and the entire Web3. Of course, this is not yet a consolidated triumph, and the technical solutions that made it possible should still be asserted, as well as the increased popularity of Sei.
However, Sei and its competitors have their own paths to follow, and let’s hope that fair competition and the commitment of engineers will work to the benefit of the industry as a whole.
The information provided in this article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Any actions you take based on the information provided are solely at your own risk. We are not responsible for any financial losses, damages, or consequences resulting from your use of this content. Always conduct your own research and consult a qualified financial advisor before making any investment decisions. Read more
