Why is the ecosystem of the SEI network boom in the second quarter?

SEI Network, a high -speed layer 1 block chain, has reached an amazing milestone. The number of active wallets in the network surpassed 600,000.

This growth occurs when the ecosystem of SEI is achieved as it raises the interest of game and defect projects. However, the price of SEI, a primitive token, fell more than 30% in May.

Why is the ecosystem of the SEI network boom in the second quarter?

According to FLIPSIDE’s data, SEI Network has attracted 17 million new addresses since January 2025, raising the total number of active addresses to 26.8 million. Q2 has become the acceleration stage of SEI, and the new address creation every day surpassed 330,000.

The surge in the new address shows the strong influx of users who join the SEI ecosystem. As a result, SEI’s daily active wallet has reached a new peak with more than 600,000 cases.

The new user also brought new capital and drove SEI’s total value lock (TVL) to more than $ 550 million in May before adjusting to $ 470 million in the time of writing.

The SEI network is known as a high -speed blockchain designed to optimize performance and expansion. It is especially suitable for applications that require fast transactions such as high frequency transactions and on -chain games.

The warm -chain game is now the main driving force of the growth of the SEI network. According to data from DAppradar, the most active DApp in SEI is the game project. Titles such as World of Dypians, Hot Spring and Archer Hunter have a large user base.

“Many SEI games = There are many unique address transactions.” X has handled gaming.

Despite the strong development of the ecosystem, the price of SEI did not reflect this growth. According to Beincrypto, the price of SEI fell more than 30% in May 2025. This decline caused concern among investors.

Here is a wide pressure on Altcoins. Bitcoin’s dominance has increased, and most investors’ interests were concentrated on Bitcoin.

Nevertheless, some analysts are optimistic about SEI’s prospects. SSE Exchange’s CEO Soroush Osivand pointed out that SEI formed a reverse head and shoulder pattern on the weekly chart. This is a technical signal that suggests the trend from Bear Rishi to strong.

Despite the positive hot chain data, the price of SEI can affect investors feelings, especially those who are still in side jobs. In the fierce competitive layer 1 market with competitors such as Solana, Aptos and SUI, SEI must continue to innovate and attract major projects to maintain its position.