Sei Network Activity Surges as Transaction Fees Jump Nearly 2,000%

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Sei Network Activity Surges as Transaction Fees Jump Nearly 2,000%

Sei has emerged as one of the fastest-growing blockchain ecosystems in recent months, recording a sharp rise in network activity and economic throughput.

According to data from Nansen, daily transactions on Sei have surged threefold over the past quarter, hitting a record 1.6 million on June 25.

Driving this momentum are several key projects that have recently launched or expanded on Sei, including World of Dypians, Nika Labs, EUFT, ERC-4337, and Dragon Slither. The increased engagement has also translated into rising transaction fees, with Sei v2 registering an 1,840% spike — now totaling $19,060. This positions Sei as the top network in terms of proportional growth.

Compared to other blockchains, Ethereum continues to dominate fee revenue, rising 49% to over $10 million. Arbitrum followed closely behind with a 48% increase, while Aptos and Unichain posted gains of 35% and 45%, respectively. In contrast, transaction volume and address activity fell on larger networks like BNB Chain and Base.

Solana retained the lead in active addresses, though its numbers slipped 19% to 23.5 million. Avalanche, on the other hand, recorded the strongest growth in this metric, up 89% over the same period.

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Alexander Stefanov

Reporter at Coindoo

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.

Source: https://coindoo.com/sei-network-activity-surges-as-transaction-fees-jump-nearly-2000/