The Sei (SEI) blockchain has emerged as the leading chain in web3 gaming, with gaming transaction volumes hitting $469 million over the past week. Despite this, the SEI token remains undervalued, trading at $0.2835 with only a 1.28% gain in the last 24 hours. Data from DappRadar shows Sei leading with 8.8 million connected wallets, a 74% increase from the previous month, while DefiLlama reports its TVL surpassing $600 million—a 2,000% growth since March 2024.
Sei's daily transactions have tripled in three months, peaking at 1.6 million, and it recently outpaced Sui with 4.6 million transactions in a single day. The network's technical upgrades, including the "Giga" upgrade, have enhanced its processing power, while partnerships like MyWebAcy aim to bolster security. Analysts suggest SEI could rally to $0.50 if it breaks the $0.35 resistance level.