Sei is showing the clearest signs of breakout L1 traction right now
It’s becoming the preferred base layer for stablecoins, RWAs, and institutional use cases
• $4.6B in daily stablecoin transaction volume
• Stablecoin supply hit an all-time high of $243M in under 4 months
• $100M+ in native USDC minted by Circle in the first 10 days
• Passed Polkadot, Tron, Hedera, and Algorand in USDC supply (in just 10 days live)
• DEX volume reached $1.53B in July (ATH)
• $100M+ daily DEX volume now consistent
• SEI active addresses hit a record 937,054
• @circle, @Backpack, @etherscan, @CoinSharesCo, and @debridge all launched
• RWA infrastructure going live with @OndoFinance
• CoinShares ETP live in Europe
• SEI ETF filed by Canary Capital in the U.S.
The next phase of on chain finance is being built on Sei.
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