Onchain Data Surprises: The Transaction Count in a Major Altcoin Has Tripled in the Last Three Months!

According to data from the blockchain analysis platform Nansen, the Sei network has experienced a significant increase in transactions over the past three months. The daily transaction count tripled, surpassing 1.6 million on June 25, reaching an all-time high.

In the last 30 days, the projects that have contributed the most to the growth of the Sei network include World of Dypians, Nika Labs, EUFT, ERC-4337, and Dragon Slither.

Sei has drawn attention, especially with the increase in transaction fees. According to Nansen's on-chain data, Sei v2 has reached a level of 19,060 dollars with a 1,840% increase in transaction fees, making it the fastest growing network in proportion. This increase indicates that the activity on the network is carrying more and more economic value.

Compared to other networks:

• Ethereum maintained its leadership by reaching a level of 10.19 million dollars with a 49% increase in transaction fees.
• Arbitrum ranked second with a 48% increase.
• Aptos and Unichain attracted attention with transaction fee increases of 35% and 45%, respectively.
• Major networks like BNB Chain and Base have experienced a decline in transaction and address numbers.

Although Solana leads with 23.5 million active addresses, this number has decreased by 19% compared to the previous period. In contrast, Avalanche achieved the largest leap with an 89% increase in active addresses.

*It is not investment advice.

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