SEI has shown explosive growth in transactions, scaling 6x since September while targeting groundbreaking 5 Ggas/s throughput. With a bullish price trajectory, SEI crypto is poised for innovation and market dominance by 2025.
SEI Transactions has experienced Explosive Growth since September
Sei average daily transactions have grown immensely and rapidly, demonstrating the quick adoption and early utility of SEI within the blockchain space.
There was a sixfold increase in daily cash transactions, from 116,000 in mid-September to 608,000 in early December. Clearly, this growth is driven by significant growth in user activity and network utilization.
The token has seen consistent week-over-week growth and spikes in late November and early December, indicating key factors driving adoption.
Consequently, these could encompass new user onboarding, higher developer activity, and growth in real-world use cases. Some peaks, such as a peak of 470,000 transactions at the end of November, reveal spikes of hype corresponding to ecosystem updates or integrations.
SEI’s ability to scale and sustain high transaction volumes is critical in a competitive blockchain environment, which makes such exponential growth so important.
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Given the growth the company has experienced so far, SEI is in a good position to keep up the momentum and bring on more interest. This trajectory indicates a space for SEI to become an important mover in the emerging blockchain space.
SEI Crypto Set to Lead as the Highest Throughput EVM Chain
SEI is on track to be the highest-throughput EVM-compatible blockchain, hoping to scale to 5 Gigagas per second (5 Ggas/s). This is an ambitious target, a step increase above existing Ethereum Layer 1 and Layer 2 solutions.
Ethereum can process only 1.25 Megagas per second (Mgas/s) on Layer 1, and about 10 Mgas/s on Layer 2 solutions. According to today’s EVM chains, 100 Mgas/s (5,000 TPS) is the highest and quite possibly the best.
If SEI could make it to 5 Ggas/s, which is around 250,000 TPS, it would be setting a new standard. This increased throughput will lead to ultra-fast transaction processing, a must for decentralized applications, trading platforms, and other high-demand use cases.
It is clear that improved scalability will solve network congestion problems and therefore enable more favorable prices for transactions, as well as improve the user experience across the ecosystem.
As a result, SEI is a cutting-edge blockchain performance leader with infrastructure that can handle very large transaction volumes.
SEI’s ecosystem will likely be the home for developers and projects demanding high-speed and scalability solutions. The throughput shown is a testament to the SEI’s dedication to innovation and scalability and further consolidating its presence in the market.
SEI Crypto: Price’s Path to a Potential All-Time High in 2025
Within an ascending channel, a bullish pattern, SEI crypto has the potential to spike to higher highs in 2025. Key Fibonacci retracement levels from a prior significant swing high are supporting key support and resistance zones where the price action is adhering to upward momentum.
SEI is currently trading around $0.57, just below the 0.786 Fibonacci level, a strong support level that will lead to consolidation and recovery.
The upward targets are $0.6998 and $0.8309, the next Fibonacci extensions of the ascending channel. These levels are important resistance points, and SEI is going to need to be able to break through them in order to maintain its bullish momentum.
Its lower boundary and $0.56 support become safety nets to a pullback inside the ascending channel, which gives price a structured path to move.
Since all technical indicators are strong, there will be a slow rise, but with purposeful pressure to the upside.
If SEI can maintain momentum and sail past important resistance levels, it could reach a new all-time high in 2025.
Source: https://www.thecoinrepublic.com/2024/12/23/sei-crypto-explosive-6x-growth-drive-a-post-fomc-recovery/
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