Sei Network Rallies in Q1 2025 with 78% Rise in User Activity
Key Takeaways:
- Seis gaming sector experienced significant growth in Q1 2025, with a 151.5% increase in transactions for World of Dypians.
- DeFi on Sei saw a 73.7% rise in TVL, reaching $363.1 million, despite a 56.5% drop in the SEI token price.
- Community engagement initiatives, including the Sei More Campaign and Builders Fund, contributed to a 78.1% increase in daily active addresses.
During the first quarter of 2025, Seis gaming ecosystem showcased high diversity and activity. The networks Diversity score for gaming stood at 8, with each of these applications making up 90% of all gaming-related transactions, according to the Messari report.
Specifically, World of Dypians, an Epic Games playable multiuser game, topped the category with a daily count of 61,220 transactions, an increase of 151.5% from the previous quarter.
Archer Hunter, the roguelike game for mobile, also played an important part with transactions of 45,070, an increase of 37.4% over the earlier quarter. Europe Fantasy League and Astro Karts also enriched the gaming scenario of the platform.
DeFi Sector Expands Amidst Token Price Decline
The networks DeFi sector exhibited robust growth in Q1 2025, with Total Value Locked (TVL) increasing by 73.7% to $363.1 million. This growth occurred despite a 56.5% decline in the SEI token price, which fell to $0.17.
The DeFi Diversity score increased by 50%, from 4 to 6, indicating an improvement in the maturity of an expanding range of protocols.
Yei Finance continued to dominate the lending and borrowing space, holding $192.1 million of TVL at the end of the quarter, which constituted 53.2% of Seis total TVL. New entrants like Takara Lend and Avalon Finance also emerged, contributing to the sectors diversification.
Community Initiatives Drive Sei Network Engagement
The networks devotion to community engagement manifested in several initiatives during Q1 of 2025. The Sei More Campaign encouraged content creation on social media, while the Builders Fund and the Creator Fund rewarded developers and creators with funding.
These programs were responsible for an increase of 78.1% in daily active addresses, which reached 311,900, and an increase of 59% in daily transactions, reaching a total of 639,800. This emphasis of the network on community involvement and support of builders reflects its efforts towards driving adoption and innovation.
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Read more: https://www.tronweekly.com/sei-network-rallies-in-q1-2025-with-78-rise/
Text source: TronWeekly
