Robinhood has officially listed SEI. SEI hosts the payments layer for major companies such as BlackRock, PayPal, and Circle. But every few months, a new chain emerges claiming to be the “future of trading.” And Sei is the latest candidate.
But the promise is simple. Serving them is another story. Especially in volatile markets. That’s why we designed this in-depth series to separate the story from the numbers. We will look at the core strengths of the project and where it is still lacking. We also look at what its growth trajectory tells us about its long-term potential. Today, we’ll take a closer look at SEI. This is not speculation. Instead, this is a sober look at whether Sei deserves to be part of the next generation of baselayers.
SeiNetwork from a bullish perspective
Sei Network ($SEI) is a project with strong fundamentals. It is built for high throughput and provides real-time trading infrastructure. Sei is strong in DeFi. We are also working on RWA, which is one of the markets with the highest growth potential. However, it doesn’t put all its eggs in one basket and is also strong in the gaming space. Here, 50% of the market is captured by active wallets. Check out my recent video about how many $SEI you need to become a millionaire in 2026.
Sei captures over 50% of the total gaming market.
Games represent the perfect value exchange sandbox, with high-frequency economies, stable in-game microtransactions, and the need for instant payments.
Sei is a frictionless payment layer for all types of financial use cases.
($/account) pic.twitter.com/kBQDpQgIOm
— Sei (@seiNetwork) August 23, 2025
Sei can also be counted as one of the fastest chains today. The company’s network uses “Twin Turbo Consensus.” Without getting too technical, we aim for a time-to-finality (TTF) of 400ms. This is when the transaction becomes final, and sei can do this in less than a second. This kind of speed is exactly what DeFi and blockchain games need.
Traditional assets are time-consuming, siled, and limited by market hours.
Tokenized assets are traded 24/7, settled in 400ms, and are DeFi-enabled.
The $30 billion tokenization market is just the beginning. And we’re accelerating with the fastest EVM chain.
The market moves faster in Sei. ($/account) pic.twitter.com/LeYJ7Zsv3m
— Sei (@seiNetwork) September 1, 2025
The network is preparing for a giga upgrade. Giga should give Sei 200k TPS or transactions per second. The staff at Whiteboard Crypto clearly explains Giga in this video. Sei started with Cosmos but is moving to a full-fledged EVM chain. See recent SIP-3 upgrades. This moves SEI from CosmWasm to an EVM-only chain. This upgrade is for Cosmos wallets such as Keplr and Leap. The old Cosmos address that starts with “sei…” remains. At the back.
SIP-3 wallet upgrade has started. This is a major milestone on the road to Sei Giga.
Sei Giga redefines EVM performance: sub-400ms finality, 5 Gigagas/sec throughput (~200k TPS).
SIP-3 upgrades Sei to EVM only, paving the way for Sei Giga, the highest performance upgrade in EVM history.
— Sei (@seiNetwork) October 28, 2025
RWA
Let’s take a look at some RWA news. Tokenization company KAIO has launched a tokenization fund on the SEI network. This was done on October 22nd via Laser Digital. This shows an example of using chained RWA. Laser Digital is a subsidiary of Nomura, Japan’s largest investment bank. KAIO provides institutional-grade infrastructure to RWAs. So there are some big players here.
Laser Digital’s tokenized LCF fund is running on Sei.
Laser Digital, a subsidiary of Nomura (Japan’s largest investment bank), joins BlackRock, Brevan Howard and Hamilton Lane-on-Say in their institutional RWA services. @KAIO_xyz.
RWA moves faster in Sei. ($/account) pic.twitter.com/qGICpvzxU7
— Sei (@seiNetwork) October 22, 2025
In early October, Sei was also ranked the fourth ecosystem in terms of TVL efficiency. This is the ratio of borrowing/lending activity to total TVL. This shows that SEI is growing into a mature and capital efficient ecosystem.
There was Solana, Hyper Liquid, Ethereum, and Sei.
Sei is currently the fourth ranked ecosystem in terms of TVL efficiency (borrowing/lending activity as a percentage of total TVL), demonstrating its emergence as a mature and capital efficient ecosystem.
The market moves faster in Sei. ($/account) pic.twitter.com/eEyYroTlze
— Sei (@seiNetwork) October 9, 2025
blockchain games
How is the game at Sei? DappRadar recently released its Q3 report on blockchain gaming. The report ranks Sei No. 2 in the UAW. This means a unique active wallet. This is an 86% increase in one quarter and equates to 802,000 daily active wallets.
Now, this all looks very good, but what should you be careful about when it comes to Sei?
SayNetwork from a bearish perspective
For Sei Network to survive in this market, it also needs to overcome some weaknesses. Its architecture and promise are powerful. However, achieving them at scale is not easy. Many projects promise high performance, but fall short in production.
Sei operates in a highly competitive layer 1 ecosystem. Competition from chain stores such as Solana and Sui is fierce. If Sei wants to gain meaningful share, it must rise above the hype and demonstrate continued adoption.
Many of its promises are still in the works, such as the giga upgrade. They have not yet been fully proven. Don’t get me wrong, the promise is there. However, we won’t know if it works or what impact it will have until it’s released. Therefore, this technology is promising.
Still, ecosystem metrics such as TVL and active projects may lag compared to more established chains. In other words, there is a risk that “the engine is fast but there are few passengers.” Sei is ranked 17th on TVL’s DeFiLlama and 102nd on CoinGecko’s market cap list.
tokenomics
There are also tokenomics and general market risks. Its native token, $SEI, faces typical cryptocurrency volatility. For example, the company recently listed on Robinhood, but its price has fallen. The $SEI price is currently down 4.8%. It has fallen 32% in the past 30 days. And over the past year, it’s down 53%.
Say what? $SEI Currently streaming live on Robinhood
— Sei (@seiNetwork) October 30, 2025
The $SEI token also has monthly unlocks of $SEI of 55.56 million. This represents approximately 1.1% of the circulating supply and is currently worth $10 million. This will continue until August 2027. After that, monthly emissions will decrease. But the good thing is that 62% of $SEI tokens are already in circulation.
On-chain metrics show that transaction volumes have declined significantly in recent months. Ecosystem growth is promising, but it could become even more powerful. There are not enough large DeFi projects being launched on the network. This reduces the intrinsic demand for $SEI. It also indicates that momentum may be weak.
Capital is moving into bigger caps like Bitcoin, Ethereum, and Solana. And these also come at a price. 8 So, in general, it seems like the emotions around Sei may be blunted for the time being. But does that mean there is no future for Sei? Let’s take a look at it.
Can Sei Network succeed?
Sei Network has great potential. Checks some important boxes. These span different areas of the crypto sector. For example, niche areas such as high-frequency trading, DEX, and blockchain gaming. We also insist on performance that makes a difference. Don’t forget about EVM compatibility. This reduces friction and opens the door to more developers.
So the risk is elsewhere. It’s execution and adoption. Sei must meet the technology roadmap. We also need to attract meaningful ecosystem use. Short-term hype doesn’t work. Therefore, it still has the potential to emerge as a strong candidate. On the other hand, a failure to differentiate in a crowded field may limit long-term impact. The same goes for stagnant growth.
For long-term investors and builders, SEI is worth paying attention to. However, both companies need to keep their eyes open to both upside expectations and execution risks.
Sei should take advantage of performance advantages. This could make it your go-to chain.
- high frequency trading
- DEX application
- Real-time financial infrastructure
Upgrades like Giga offer the potential for dramatic performance improvements. This could attract large-scale organizations and infrastructure construction.
This shows that Hijiri has a solid foundation. Being all EVM-chained provides powerful architectural and compatibility benefits.
Therefore, sei Network is not yet a guaranteed winner. However, it is possible to get there. If you want a project with more risk and more potential, sei may be right for you.
What do you think about Sei? Let us know in the comments section. Join the discussion on X and Discord.
Disclaimer
The information discussed on Altcoin Buzz does not constitute financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are the thoughts and opinions of the writers and reviewers relative to their acceptable level of risk tolerance, and their risk tolerance may differ from yours.
We are not responsible for any losses you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other virtual currencies are high-risk investments, so please use caution.
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