Yeliz Akmaca 
This week, Sei Network has emerged as one of the most talked-about projects in the crypto world. Its leadership in Web3 gaming, innovative solutions for AI-driven payments, and support from the state of Wyoming have all contributed to a 10% rise in the SEI token’s value. Daily trading volume also surged by 106%, reaching $427 million, while market capitalization exceeded $1.2 billion. Here are the four main reasons behind this rapid rise:
Wyoming Chooses Sei Network for WYST Stablecoin
The state of Wyoming in the U.S. has selected Sei Network as one of two finalists for its WYST stablecoin project, set to launch in July. The initiative will be implemented using LayerZero’s Omnichain Fungible Token (OFT) standard. Competing with giants like Aptos, Ethereum, and Solana, Sei stood out due to its regulatory compliance and high performance. Thanks to LayerZero integration, WYST will function seamlessly across multiple chains.
Building the Payment Infrastructure for the AI Economy
With its Sei Giga infrastructure, Sei aims to become a leading network offering payment solutions in the $200 billion agentic AI market. This vision demands speed and ultra-low transaction fees that traditional systems can’t provide. Sei delivers sub-cent transactions within seconds, addressing these needs effectively. It is also compatible with AI-based payment protocols like Coinbase’s x402.
Takes the Lead in Web3 Gaming
Over the last 30 days, Sei Network reached a 33.5% market share in Web3 gaming with 7.38 million unique active wallets, surpassing opBNB. SKALE Network follows in second place with a 16.9% share. Combined, Sei, opBNB, and SKALE account for over 80% of activity in the Web3 gaming sector.
Active User Count Triples
According to blockchain analytics firm Nansen, Sei Network has grown rapidly in recent months. The number of active addresses has tripled, and daily transactions reached 1.4 million. This growth indicates sustained user interest. At the same time, open interest in SEI futures increased by 24%.
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