Altcoins are starting to bounce back and several coins outside of the top 10 tokens are outperforming Bitcoin. Ahead of the Fed announcement on September 17, investors are looking at altcoins to buy and stack. One low-cap altcoin which is making noise is SEI. But is SEI the only altcoin you need this season? Here’s why:
While the SEI price has cooled off since its early hype, some analysts still suggest that a new setup is forming in the network. It currently trades at $0.3276 with a market cap of $1.966 billion.
SEI is becoming a strong player in DeFi and stablecoins, processing over $5.5 billion in daily stablecoin volume. In July, the coin recorded $1.53 billion in decentralized exchange activity alongside continuing its daily growth in active users and transactions.
A crypto analytics firm, Nansen, recently posted on X, showing the complete chart of SEI developments.
Noting all the development closely, Nansen said, “Sei Network is no longer just “one to watch.” It’s a preferred base layer for stablecoins, RWAs, and real enterprise flows.”
Sei Network is expanding its footprint in DeFi with the launch of $fastUSD, while also boosting its gaming technology. It has gained traction in gaming, accounting for 40% of activity on its network. Games such as “World of Dypians” have contributed substantially to this volume, with gaming activity driving a large portion of the network’s transactions.
Sei Labs co-founder, Jeff Feng, told CCN, “That level of traction speaks for itself.”
“The growth we’ve seen across the ecosystem goes beyond gaming. Sei is building the infrastructure that is enabling new use cases across AI, gaming, and institutional finance while maintaining speed and scalability,” he added.
On September 4, Etherscan, a leading block explorer for Ethereum, collaborated with Sei Network to launch Seiscan, which is designed to mitigate risks by fostering transparency. It is created to offer developers and users rich data insights, including transaction details, wallet tracking, smart contract verification, token holder distribution, and on-chain activity visualization.
All these features aim to bring more transparency and security to the Sei Network, making it even more attractive to users.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
For years, XRP has lived in the shadow of Bitcoin and Ethereum, often labeled the…
Clearly, current market conditions are gloomy and bearish, marked by a significant downturn in the…
The crypto market is showing signs of a potential rebound as key indicators start to…
The Ethereum price prediction 2025 narrative is becoming increasingly bullish as 2026 is only a…
As the crypto market moves toward another potential bull cycle, investors are zeroing in on…
October hasn’t played out for crypto the way many people hoped. Even so, the year…
