Welcome back to the Sei Overview. We’re creating the best place for the Sei community to get the latest updates, metrics, insights on the blockchain, its ecosystem developments and more – all in one place.
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By the Numbers
$SEI token price: $0.06867 (+11.2%)
Market cap: $461.8M (+11%)
Sei Total Value Locked (TVL): $46.3M (+0.39%)
Daily EVM transactions: 2.4M (-14.3%)
Daily EVM active addresses: 1.6M (-20%)
Total wallets: 102.9M (+0.8%)
Real-time transactions per second: 78.85 tx/s (+18.2%)
Block time: 0.64s (+0.8%)
Percentages and metrics are calculated over a 7-day time frame, unless noted otherwise.
Sei Showcase
Highlighting the biggest development on Sei
💨 What’s happening: Sei Labs has updated its storage engine with a new system that handles read and write functions natively in order to improve latency.
💨 Why it matters: Blockchains process transactions, but applications still need to read data such as balances and price updates before users can interact with them.
Sei Labs’ update will allow applications to retrieve onchain data faster than before by reducing read/write latency, which in turn will help trading interfaces and market makers react more quickly to market changes.
For trading platforms, this enables:
Faster order matching and execution
More responsive order books
Lower latency between price updates and trades
💨 The bigger picture: This storage upgrade is a step towards Sei’s longer-term Giga upgrade, which aims to significantly increase the network’s throughput and performance.
As throughput increases, blockchains generate more data from trades, swaps, and transfers. If the storage layer cannot keep up, applications may struggle to access the data quickly enough to support real-time trading.
Improving read/write speeds helps ensure Sei’s infrastructure can support high-frequency onchain markets.
Accelerating Sei’s blockchain
Updates on the latest games, validators, builders and more that are helping Sei expand
Hyperliquid listed the SEI token for spot trading on its perpetual futures trading platform
Sei daily active users hit an all-time high of 2.2M on March 11
Sei RWA holdershave risen to 53, with nearly all coming from Ondo’s USDY
What’s the community Sei’ing
Highlighting the builders, users and ecosystem players within the Sei blockchain.
Sei ecosystem games hit new monthly active address highs last week: SEIBaller recorded 1.4M users; Mokoko Game saw 1.2M; Bittopia had 652.4K; and New Festival Town clocked 126.9K
Token Tails plans to use part of its revenue to support cat shelters and create cat health tracking apps
Takara Lend added Rocky’s stablecoin USDr and its yield-bearing token sUSDr to its money market protocol
Evolve, a yield-bearing stablecoin project on Sei, announced a $1K stipend for its ambassador program
Lock in to the ecosystem
Want to get involved?
Check out the latest jobs at the Sei Development Foundation
Sign up for a chance to test Saphyre’s mobile trading app
That’s all for this week.
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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.