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Time flies, but the pace of the on-chain market is even faster. Last week, the Sei Network ecosystem made several new advances worth reviewing.
The most eye-catching development is that the number of daily active addresses surpassed 1.5 million, doubling compared to the previous week and setting a new record in the past four months. Such growth rate is not insignificant for a public chain—an influx of new users and a surge in on-chain interactions all point to the ecosystem accumulating momentum. Sei's P2P trading module has also seen progress; although the details are still being finalized, the overall pace seems steady.
If P2P trading can really take off, it would change the gameplay of many DEXs.
Hey, are these numbers based on real transactions or just another round of wash trading?
If Sei gains momentum this cycle, those who got in early will have made a profit.
The details haven't been released yet, so don't get too excited. Let's wait for the official announcement.
Doubling growth rate sounds great, but I wonder how long it can last.
If this news had come two years ago, it would have skyrocketed. Now, people are used to it, so there's not much wave.
The key is to retain these 1.5 million users; otherwise, it will be just a flash in the pan.
P2P module is in progress... I believe in this direction, a truly decentralized trading logic.
With such impressive daily active user data, why haven't the on-chain Gas fees increased? It's a bit strange.