Sei’s Giga upgrade could deliver Google-like speed without the centralized system
Sei Network Overview - May 25, 2025
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By the Numbers
$SEI token price: $0.22 (+1.82%)
Market cap: $1.19B (+1.71%)
Sei Total Value Locked (TVL): $493.1M (-8.12%)
Daily average transactions: 4M (-2.44%)
Daily active addresses: 424K (+26.49%)
Total wallets: 24.02M (+5.91%)
Real-time transactions per second: 49.24 tx/s (-12.51%)
Block time: 0.57s (+18.75%)
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 Labs released the whitepaper for its Giga upgrade, outlining plans to achieve more than 200,000 transactions per second (TPS) and sub 400ms finality.
💨 Why it matters: The Sei Giga upgrade aims to make transactions as fast and seamless, where it could meet the demands needed to become a chain to support “Google-level throughput,” Sei Labs Co-Founder Jay Jog previously shared.
Unlike traditional blockchains like Ethereum or Bitcoin that may encounter slow processing and high costs, the Giga network upgrade is designed to handle 200,000 transactions per second. This would mean Sei would become 50 times faster than its current v2.
Sei leverages Ethereum’s framework to create an environment where its developers are able to use familiar tools to create applications. In turn, Sei hopes to flourish a wide range of innovative applications that could change how users interact with technology daily.
In addition, the Giga upgrade could have a greater impact on its ecosystem, particularly in areas like decentralized finance (DeFi), decentralized science (DeSci) and gaming; sectors Sei has previously expressed efforts in. Sei’s Giga upgrade could bring these specific technologies to everyday users by making blockchain transactions more smooth compared to traditional apps.
Beyond Giga’s utility for sectors like DeFi, DeSci and gaming, the network upgrade could be used by everyday business owners. This means a retail business owner could integrate the network in order to process thousands of payments per second, track supply inventory in real-time and offer up-to-date digital loyalty programs.
💨 The bigger picture: The Sei Giga upgrade could extend beyond technical upgrades because of its real-world use case for brick and mortar or digital businesses.
The combination of speed that rivals web2 services like Google and the transparency of blockchain may provide a solution for outdated systems.
If Sei Labs can successfully drive developer interest and prove its reliability, Giga could become the technology businesses may need for faster, more transparent systems. In turn, paving the way for a future where decentralized technology powers everyday life as effortlessly as today’s internet.
Accelerating Sei’s blockchain
Updates on the latest games, validators, builders and more that are helping Sei expand
Listen to this X livestream about how the Giga upgrade could be used across gaming, DeFi and DeSci, amongst other sectors
Takara Lend reached an all-time high of $60.44M in TVL on May 22, according to DefiLlama data
Dapp related metrics for Sei are up on the week, DappRadar data shows:
Unique active wallets: 1.73M (+4.09%)
Transactions: 5.52M (+14.07%)
What’s the community Sei’ing
Highlighting the builders, users and ecosystem players within the Sei blockchain.
Tea-REX, a derivatives trading platform on Sei, recorded a new high for daily perp volume of $501K on May 21
Yei Finance is releasing its NFT collection, Yeiliens - learn more about the collection here
Archer Hunter partnered with Tilted to contribute to its web3 gaming creator economy
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.
Participate in Sei’s rewards campaign with BitGet Wallet and earn yield on USDC, SEI, amongst other tokens
Listen to an X space hosted by Sei about how web3 gaming campaigns could be adjusted for user onboarding
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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.