SEI Network is demonstrating significant growth, adding approximately 400,000 new addresses in the last 24 hours, indicating increased interest among users and institutional investors.
Increase of Addresses in SEI Network
SEI Network has added around 400,000 new addresses within a day. This growth underscores a marked increase in adoption and user engagement within the blockchain ecosystem.
Impact of Seiscan on Growth
The introduction of Seiscan, a blockchain explorer, significantly influenced the address growth in SEI. This tool provides users with access to detailed blockchain data and integrates Etherscan's infrastructure into the SEI network.
Institutional Interest and Financial Metrics
Institutional involvement in SEI is increasing, as seen with significant entries like the 21Shares ETF filing with the SEC. The total value locked in SEI nearly tripled to approximately $600 million.
The growth in addresses and institutional interest in SEI Network may indicate greater user engagement and the potential for further development within the ecosystem.
