- SEI outperformed other tokens with a 35% monthly gain, boosted by rising institutional adoption and a $1M investment from World Liberty.
- SEI’s TVL hit $600M as DeFi and gaming activity surged; Bitget and SEI Global Wallets increased user adoption.
- SEI’s GIGA upgrade enables 250K TPS, 50x faster than current EVMs, surpassing Solana and positioning SEI for mass-scale Web3.
SEI Network has emerged as one of the most active blockchain ecosystems despite broader altcoin market stagnation. While many tokens posted losses over the past month, SEI recorded a 35% gain, according to Altcoin Buzz.
The project launched its mainnet in August 2023, following a widely criticized airdrop. However, recent developments suggest SEI has made notable progress in institutional adoption, network performance, and ecosystem expansion. These factors are drawing increasing comparisons to Solana’s early breakout years.
SEI’s Institutional Activity and Real-World Integration
Institutional involvement has grown significantly for SEI. According to Altcoin Buzz, the Wyoming Stable Token Commission shortlisted SEI as one of two candidates for its WYST project. The WYST token, which will be the first state-issued fiat-backed stablecoin, will deploy on LayerZero.
SEI now competes with Aptos for this contract. Other major networks, such as Ethereum, Solana, Polygon, and Avalanche, were eliminated earlier in the selection process. Further institutional traction came when Circle was revealed to hold a substantial amount of SEI.
Altcoin Buzz noted that Circle’s infrastructure needs to align with SEI’s fast finality and scalability. The stablecoin issuer also applied for a national trust bank charter. SEI’s position in these conversations adds credibility to its infrastructure as commercially viable.
Additionally, Canary Capital filed for an SEI ETF, and Trump’s World Liberty Financial reportedly made a $1 million investment, which is now up 80%.
Rapid Growth Signals Widening Usage
SEI’s ecosystem has expanded quickly since March 2024. According to DeFi Llama data, SEI’s total value locked (TVL) has surpassed $600 million, placing it 15th across all chains. DEX trading volumes and on-chain activity have simultaneously reached record levels.
This surge shows practical usage and increased engagement across DeFi and gaming. Wallet adoption has also improved. Bitget Wallet added SEI support, and SEI introduced its own Global Wallet.
Once SEI completes its transition to an Ethereum-compatible EVM, it will support a broad range of wallets, including MetaMask and Phantom. This transition stands to make SEI more accessible to mainstream users.
EVM Upgrade with GIGA Could Give SEI Unmatched Transaction Speed
SEI launched its Version 2 upgrade in July 2024, introducing the first parallelized EVM. According to Altcoin Buzz, the upgrade supports parallel execution, optimized storage, and fast consensus.
Despite these enhancements, traditional EVM smart contracts handle only 100 transactions per second, far below the needs of Web2 applications. To address this, SEI is implementing “GIGA,” a complete EVM redesign.
GIGA will reportedly boost throughput to 250,000 transactions per second. This is 50 times higher than any current EVM chain, surpassing even Solana’s benchmark. Additionally, SEI will adopt a new consensus mechanism named Autobahn to support this scale.
Final Overview
SEI’s combination of rising institutional trust, ecosystem expansion, and EVM innovation has made it one of 2025’s top blockchain performers. With support from entities like Circle and Canary Capital, as well as growing on-chain adoption and network upgrades like GIGA, SEI now shows similarities to Solana’s movement in previous cycles. These developments continue to place SEI in the spotlight as the network gains adoption in the changing crypto market.
