Sei’s EVM pivot gains traction with Etherscan’s support and user activity growth

Sei Network Overview - September 8, 2025

Sep 08, 2025

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By the Numbers

$SEI token price: $0.31 (+4.03%)
- Market cap: $1.87B (+5.06%)
Sei Total Value Locked (TVL): $583.05M (-0.22%)
EVM daily average transactions: 1.6M (-27.27%)
EVM daily active users: 813K (-8.21%)
Total wallets: 63.25M (+9.73%)
Real-time transactions per second: 62.48 tx/s (-7.41%)
- Block time: 0.49s (-7.55%)

Percentages and metrics are calculated over a 7-day time frame, unless noted otherwise.

Sei Showcase

Highlighting some of the biggest developments at Sei.

💨 What’s happening: With its latest integrations and metric milestones, Sei continues its push to become more aligned with the Ethereum Virtual Machine (EVM).

💨 Why it matters: Since Sei Labs’ first Sei Improvement Proposal (SIP) to transform the network’s architecture to an EVM-only model was passed, the network has made continuous developments to aid its shift towards greater EVM compatibility.

Seiscan, a dedicated block explorer for Ethereum and other EVM-compatible chains, provides Sei developers and users access to comprehensive transaction data, analytics and API services. Prior to Seiscan, developers and users had to resort to tools like Seistream and Seitrace, which lacked brand alignment and features. With Etherscan's involvement, Seiscan enhances interoperability and familiarity for Ethereum-native users.

Recent metrics also highlight this expansion: daily transactions on the Sei EVM rose 57% on the month to 2.2 million, while daily active users increased 59% on the month to 939,000. These numbers, alongside Sei’s capabilties, underscore the network’s growth across the broader Ethereum ecosystem, positioning it as an attractive alternative for decentralized applications.

💨 The bigger picture: Sei's alignment with the EVM offers developers and users a familiar and robust infrastructure that’s similar to Ethereum's mainnet.

As the most widely adopted blockchain platform by TVL and core developers, Ethereum has cultivated a mature ecosystem with extensive tooling and token standards. Sei’s focus to become more compatible with EVM has the potential to attract new developers who may have only worked on Ethereum before, lowering barriers to entry and accelerating the development of decentralized applications on Sei's network.

Accelerating Sei’s blockchain

Updates on the latest games, validators, and builders helping Sei expand

Sei recorded 3.97M unique active wallets, topping the list of gaming blockchains over the past seven days
Takara Lend’s TVL reached $128.8M for its Sei-powered lending money market protocol
Splashing Stake, a liquid staking protocol on Sei, saw its TVL surge to $20.39M

What’s the community Sei’ing

Highlights of builders, users and ecosystem players within the Sei blockchain.

Empire of SEI, a 2D multiplayer role playing game on Sei, saw growth in user activity, with unique active wallets up 35% to 475K and transactions up 29% to 532K
Meta Arena surpassed 50K downloads for its zero-knowledge proof web3 gaming platform
Rubicon shared details about its native liquid staking protocol, and why it chose to launch on Sei

Lock in to the ecosystem

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Check out the latest job postings for Sei Labs and Sei Development Foundation

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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.