Sei Network boosts developer capabilities through partnership with Alchemy
Sei Network Overview - March 3, 2025
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By the Numbers
$SEI token price: $0.25 (+12.4%)
Market cap: $1.14B (-12.98%)
Sei Total Value Locked (TVL): $215.35M (+2.4%)
Daily average transactions: 4M (-2.44%)
Daily active addresses: 293.1K (-12.51%)
Total wallets: 16.82M (+1.94%)
Real-time transactions per second: 49.95 tx/s (+2.88%)
Block time: 0.48s (+0%)
The percentages and metrics are calculated from its change over a 7-day time frame, unless noted otherwise.
Sei Showcase
Highlighting some of the biggest announcements from Sei.
💨 What’s happening: Sei Network partnered with Alchemy to integrate its enterprise-grade developer tools on its blockchain.
💨 Why it matters: This partnership integrates Alchemy’s node infrastructure to Sei’s parallel execution model, so its developers can utilize the network’s computational power. In alignment with Sei's upcoming Giga upgrade to deliver 5 gigagas per second, Alchemy’s tools look to relieve technical constraints in order to create faster protocols like high-frequency trading platforms or real-time web3 games.
Since Alchemy will be a Node API provider on the backend, this means developers can focus on application abilities and innovation, rather than having to worry about backend maintenance. For added context, a Node API provider aims to provide developers a reliable node infrastructure, reduced development time and EVM compatibility. In turn, this can make it easier to scale applications since apps will be able to process multiple transactions in parallel.
Alchemy is a widely used developer hub across the web3 ecosystem. It powers dApps infrastructure for clients like Meta, OpenSea and Dapper Labs - as well as supports L1 and L2s like Ethereum, Polygon, Solana and Arbitrum.
Developers often have to choose a specific area to focus on such as speed and decentralization, ease of development and scalability, or familiarity and innovation. However, this partnership could eliminate friction points so developers don’t have to choose, but instead be able to balance high performance, reliability and ease of use.
💨 The bigger picture: There are many reasons why a developer will choose an ecosystem to build on, such as the quality of the infrastructure and tooling available or the amount of liquidity or users on the network.
If Sei Network’s partnership with Alchemy can make the onboarding process easier by adding Ethereum tools that developers might already be familiar with, it can make it an attractive landing place for EVM-compatible dApps.
Accelerating Sei’s blockchain
Updates on the latest games, validators, builders and more that are helping Sei expand
The SEI token hit $100B in total volume, according to Token Terminal
Takara Lend reaches new TVL high at $5M for its money market protocol, DefiLlama data shows
Sailor, an automated money maker and DEX, hit $11.73M in TVL (shown below)
Source: DefiLlama
What’s the community Sei’ing
Highlighting the builders, users and ecosystem players within the Sei blockchain.
Learn more about AI agents via a livestream by the Sei Labs Research Team
Sei created Crypto in America, an X account to showcase “top voices on US crypto policy, innovation and adoption”
DragonSwap shared it was accepted into the Sei Ecosystem Builders Round #1
FishWar released a website for its Sei-powered game
Lock in to the ecosystem
Want to get involved in the ecosystem? Find the latest job postings here or get involved with an activation below.
Interested in the Sei ecosystem, but don’t know where to start? Check out a list of various DeFi protocols, by X user Osten
Archer Hunter launched its Premium Heroes campaign, an NFT mint for users to acquire more in-game heroes
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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.