Economic Development Fueled by Gaming Sector, Affirms Messari in Regards to Sei's Economy
The Sei Network, a high-performance Layer 1 blockchain, experienced significant growth in the first quarter of 2025, with the gaming sector leading the charge. This growth was driven by foundational infrastructure development, technical upgrades, strategic partnerships, and a surge in user engagement.
Key factors contributing to Sei's growth include:
- Technical upgrades and infrastructure buildout: In the span of just two months, Sei focused on intense infrastructure development, laying the foundation for gaming and DeFi expansion on its blockchain optimized for low latency and high throughput.
- Rapid user and activity growth: Sei's wallet count surged 76% to 8.3 million in 2025, with 851,000 daily active addresses and 2.8 million daily transactions. This strong user engagement, despite broader market volatility, included gaming participants, as the network hosts various blockchain games benefiting from its speed.
- DeFi and TVL expansion: Total Value Locked (TVL) on Sei surged over 1000% in the first half of 2025, peaking at $688.5 million by mid-July. This growth supports gaming ecosystems by enabling financial transactions and NFTs tied to gaming assets.
- Institutional partnerships and regulatory milestones: Collaborations like Wyoming's state-backed stablecoin pilot on Sei and the upcoming Giga upgrade, which will boost throughput to 200,000 transactions per second, enhance network scalability and institutional trust that indirectly benefit gaming services and adoption.
- Ecosystem impacts: Gaming projects contributed to broader activity on Sei alongside DeFi, with user engagement metrics and TVL underpinning a vibrant environment that targets high-frequency, real-time applications ideal for gaming.
The gaming sector on Sei saw a 79.8% increase in average daily transactions, reaching 354,000. Notable gaming projects include the massively multiplayer online role-playing game, World of Dypians, which led gaming transactions with an average of 61,220 daily transactions. Another significant player is Archer Hunter, a mobile game, which recorded 45,070 daily transactions, growing by 37.4% from the previous quarter.
Sei's commitment to the community is evident through various initiatives to incentivize and support creators and developers. The DeFi sector on Sei also showed solid performance during the first quarter of the year, with a 73.7% increase in total value locked (TVL) in dollars, reaching $363 million. New DeFi protocols such as Takara Lend and Avalon Finance have emerged, further diversifying the financial services offerings on Sei.
Despite the decline in the price of the SEI token, the growth was even more significant when measured in SEI units, with a 299% increase, indicating that users continue to deposit confidence and resources into existing DeFi protocols on the network. The diversification of DeFi applications on Sei increased from four to six during the quarter, demonstrating the maturation and expansion of the overall ecosystem.
In summary, Q1 2025 saw foundational infrastructure and user base growth on the Sei Network that supported emerging gaming adoption. The imminent high-throughput upgrades signal significant future growth potential for the gaming sector within the Sei ecosystem.
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