I believe everyone has seen recently that many partners, including myself, are deeply building SEI. Naturally, many friends are curious: why is Sei Network @SeiNetwork worth waiting for?

Recently, I had some free time, so I want to briefly share my thoughts with everyone. If you're interested, feel free to take a moment to read:

Some might think I’m excited because of short-term market movements like Yei @YeiFinance’s $CLO rising from 0.153 to 0.92 (a 6x increase). Actually, it’s not just that. I’ve been watching for over half a year and found that not only does every development on the Sei mainnet have solid data support,

but even various projects within the ecosystem are collectively exploding. This “mainnet + ecosystem” dual-driven momentum is far more convincing than a single project’s rapid rise, and its long-term value might be even higher.

Let’s start with the core data of the mainnet: each figure reveals real demand.

1. 【User Activity】:
Daily active addresses stay above 1.5 million, doubling in just 4 months;

Monthly active users approach 14.4 million, with total unique addresses surpassing 89 million! The key isn’t just the numbers but their quality — participation rate (DAU / total wallets) is about 0.9%, far exceeding ETH’s 0.29%.

Even more impressive is the Web3 gaming sector, which holds 34% market share, far surpassing Ronin. There are 8.8 million gaming wallets, growing at 74% annually. Without robust underlying performance, such high-frequency interactions wouldn’t be sustainable.

2. 【Stablecoins and Capital】:
P2P stablecoin supply soared to $78.4 million, hitting a new all-time high, with an annual growth rate of 157%.

Weekly stablecoin trading volume broke $150 million, up 104% in just 3 months.

The stablecoin ecosystem is also comprehensive: Circle’s native USDC accounts for over 86% (compliant backing), PayPal’s PYUSD is integrated (connecting 250 million users), along with Ondo’s USDY (yield-bearing, RWA-adapted). Both institutions and retail investors can find suitable options.

3. 【Trading Efficiency and Costs】:
Average transaction fee is only $0.00003, meaning 25,000 transactions cost just $1. That’s 30 times cheaper than most EVM chains and 10 times cheaper than Sui, with faster confirmation speeds.

Now, Sei achieves finality in 400ms. After the Giga upgrade testing, it reached 200,000 TPS, aiming for a “24/7 market that never pauses,” with user experience comparable to Alipay or Visa.

4. 【Institutional and Commercial Partnerships】:
A milestone is the cross-industry collaboration with a leading smartphone brand — starting in 2026, their new global phones (excluding some regions) will come pre-installed with Sei’s Web3 wallet. Users can log in with mainstream accounts, reaching hundreds of millions of potential users. They’ve also set up a $5 million fund to support mobile app development, aiming to bring the ecosystem to ordinary users.

Looking at the ecosystem projects: it’s not just isolated breakthroughs but a collective brilliance across all sectors. Sei’s ecosystem is strongest because there’s no “big boss,” but rather multiple sectors like DeFi, AI, LSD, and gaming progressing simultaneously. Each field has flagship projects, with solid data and steady progress.

5. 【DeFi Leader: Yei Finance @YeiFinance】:
As the engine of the ecosystem’s DeFi, $CLO surged into the top three in market gains over the past 7 days. Not only did its token increase 6x, but real usage is even more impressive — YeiSwap + YeiBridge have accumulated over $685 million in trading volume. Users aren’t just earning interest; they’re actively swapping tokens and cross-chain transferring.

Its TVL once hit $365 million, accounting for over 60% of the Sei ecosystem. The core architecture, Clovis, allows a single deposit to earn lending interest, trading fees, and cross-chain rewards simultaneously, maximizing capital efficiency.

6. 【Lending Dark Horse: Takara Lend @TakaraLend】:
As the top native lending protocol by TVL, it performs just as well as Yei. Its TVL soared 48% in one quarter, with over 80,000 independent users. It’s still in the accumulation phase, with low competition in the sector, making it one of the potential hidden gems for early investors.

7. 【AI Rising Candidate: Kindred AI @Kindred_AI】:
This might be the most “consumer-grade” AI application in Web3. It turns top IPs like Teletubbies and Hello Kitty into on-chain AI companions, leveraging Sei’s high performance for real-time voice responses.

The data is promising: Warner Bros’ project users average 6.2 hours of daily usage; Axie’s 30-day retention rate is 52%; waiting list exceeds 7.4 million. Once these users convert, they will bring significant traffic to Sei.

8. 【New DEX Force: Toro DEX @torodex_xyz】:
As a rising DEX in the ecosystem, its monthly trading volume has already exceeded $1 million. Although not the largest, its growth momentum is rapid. With Sei’s low fees and high throughput, it’s quickly gaining market share.

Technical upgrades: doing less is smarter. Sei’s SIP-3 proposal, which many didn’t understand, involves “removing code,” seen as a step back by some, but actually it’s a crucial strategic move.

Sei plans to fully replace Cosmos architecture with a pure EVM chain by mid-2026. This directly solves the dual pain points of the mainnet and ecosystem:

For institutions and projects, previously they had to adapt to both EVM and Cosmos architectures, incurring high costs for custody, auditing, and risk control tools. Now, with only EVM, onboarding costs drop sharply, effectively opening a “green channel” for all ecosystem projects to attract top teams.

For users, there’s no need to switch between Cosmos addresses (sei1...) and EVM addresses (0x...). Asset management becomes much simpler.

Moreover, the parallel EVM performance advantage is even more prominent. When handling large-scale transactions, it won’t lag. Whether it’s Yei’s high-frequency DeFi operations or Kindred’s AI real-time interactions, everything runs smoothly — like upgrading from a “speed-limited highway” to an “unlimited-speed expressway.”

The highlight is the Giga upgrade, with testing already reaching 200,000 TPS and a target of 5.4 gigagas/sec. Once implemented, Sei’s performance will leap to a new level, fully capable of supporting institutional-level high-frequency finance and large-scale consumer applications.

Ecosystem synergy: not fighting alone but a closed loop of mutual blood transfusion. The core competitiveness of the Sei ecosystem lies in these projects forming a “mutually indispensable” structural dependency, creating a complete cycle of capital flow and user circulation:

Capital side: RWA assets from institutions like BlackRock and Apollo, tokenized via KAIO, enter Sei; Circle’s native USDC and PayPal’s PYUSD provide stable liquidity pools; Kryptonite’s LSD protocol releases liquidity, fueling DeFi projects.

Application side: Yei Finance integrates lending, trading, and cross-chain functions, enabling efficient multi-yield returns; Monaco offers shared order books, solving slippage issues for projects like Yei.

Takara Lend caters to small-scale funding needs, covering long-tail users.

Kindred AI focuses on user acquisition and expansion, converting outside users into loyal Sei ecosystem participants, then channeling them into DeFi, gaming, and other scenarios.

Exit side: through pre-installed wallets in top smartphone brands, users can directly spend on-chain assets at over 20,000 offline stores worldwide, forming a complete “funds entering → ecosystem circulation → real consumption” cycle, expanding ecosystem value beyond on-chain.

Distribution capability: bridging the last mile, attracting traffic to the mainnet and ecosystem. Many blockchains and projects struggle with “users can’t come in, funds can’t go in,” but Sei has already solved these issues, paving the way for the mainnet and projects.

Exchanges like Binance, Coinbase, Robinhood, with over 200 million users; wallets supporting MetaMask, Backpack, and even Crossmint’s “email login + credit card payment” seamless solutions. Beginners don’t need to memorize seed phrases or buy Gas — they can directly experience various ecosystem projects.

Fiat on-ramps cover over 160 countries: Brazilians use Pix, Brits use Faster Payments, Americans transfer directly from bank accounts. No matter where you are, participating in Yei, Takara, and other projects is accessible.

And user retention: traditional Web3 user onboarding loses 70-90%, but Sei’s embedded wallet reduces this to below 20%. For every 10 users, 8 are retained. These retained users are the core base for all ecosystem projects.

In my view, by 2026, blockchain competition isn’t about who has higher TPS or newer concepts, but about who can truly support real demand — the mainnet can handle high concurrency, projects can be practically implemented, users can easily join, and funds flow smoothly.

Sei has already achieved all this: solid mainnet data, stable technology, thriving DeFi, AI, LSD, and gaming sectors, even connecting top smartphone hardware and offline consumption.

If you have time, I sincerely recommend spending 10 minutes — of course, #DYOR — to carefully review Sei’s mainnet data and ecosystem project progress. No rush to enter; first understand its logic. Projects that genuinely solve industry pain points, with a mainnet and ecosystem advancing hand in hand, will surely have explosive potential in the future. Following its growth and that of ecosystem projects is much more reliable than chasing fleeting hot topics. That’s all for today!

#SeiNetwork # Public chain potential stock #Web3基建 # Long-term value #Ecosystem explosion