Sei’s 85% Weekly Surge: Is This Gaming Blockchain the Next Big Play?

Gaming's favorite blockchain just mooned—hard. Sei, the high-speed chain built for gamers and traders alike, ripped an 85% gain this week while legacy finance yawned at Treasury yields.

Why the pump? Three theories:

1.
The V2 Catalyst
: Sei's recent upgrade slashed transaction times to sub-second finality—critical for real-time gaming economies.

2.
Whale Games
: On-chain data shows three fresh nine-figure wallets accumulating SEI tokens since Monday.

3.
The 'Altcoin Rotation'
: With Bitcoin flatlining at $62K, traders are punting on high-beta plays. Cue the speculative frenzy.

But here's the kicker: Sei's trading volume still trails Solana by 12x. Either this is the start of a true breakout—or another 'buy the rumor' altcoin trap. Place your bets.

How does Sei’s onchain economy look beyond buzzy news headlines?

TVL is on the up. It’s at about $564 million today, of which $418 million sits on Yei Finance money market. In the last seven days, Sei is the fourth-largest chain by net inflows, at $4.9 million.

Most of Sei’s usage is driven by gaming. Based on DappRadar, Sei has about 34% (7.38 million) of the Web3 gaming market share by unique active wallets in the last 30 days.

(For context, Ronin has about 718k active wallets in the same time period.)

Granted, active wallets are a notoriously gamifiable metric, but it does point to the considerably strong niche that Sei has carved out for itself in Web3 gaming.

Dominant games include the World of Dypians MMORPG on Epic Games, as well as mobile games like Archer Hunter and Hot Spring — both on the App Store and Google Play. All three games rank in the top 10 most active games on Sei in the last 30 days.

Finally, the tech.

Sei is already a pretty fast chain today, processing roughly 100 Mgas per second (12.5k TPS) with a time-to-finality of 500ms.

Its upcoming “Giga” upgrade is set to ramp this even higher, to a target of 5 Ggas per second, targeting 200k TPS and a sub-400 ms finality. 

These gains come from a radical architectural overhaul:

• Autobahn is a multi-proposer consensus protocol that replaces the current single-proposer Tendermint model.
• Decoupling consensus and execution will allow transactions to be ordered independently of execution, unlocking asynchronous execution.
• Parallel execution — using Block-STM-style techniques familiar from Move-based chains — accelerates transaction processing across multiple cores.

Blockworks Research’s Loso told me: “Wyoming’s consideration of Sei as one of the top options for its stablecoin initiative shows a strong vote of confidence in [Sei’s] technical capabilities.” 

For a comprehensive explainer on Sei’s upcoming Giga upgrade and how it compares to other chains, see Blockworks Advisory’s report on Sei.

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