Recently, the SEI network has shown remarkable growth. Over the past 30 days, SEI has exhibited a sideways consolidation trend, but accompanying this trend is a continuously rising volume, which is seen by market analysts as a typical accumulation signal.

On-chain data provides strong support for this judgment. Statistics show that SEI has added 14 million user addresses in the past month, bringing the total number of wallets to over 62 million. Compared to the beginning of the year, this figure has grown by more than 600%, highlighting the rapid expansion of the SEI ecosystem.

Not only has the number of users surged, but the trading activity of SEI is also impressive. The monthly volume of decentralized exchanges (DEX) operating on SEI has exceeded $1.5 billion, demonstrating users' high participation and trust in the SEI ecosystem.

At the same time, the total locked value (TVL) of SEI has also shown explosive growth. It soared from $180 million at the beginning of the year to $590 million, reflecting the confidence of investors and developers in the future development prospects of SEI.

Although SEI's price has remained relatively stable recently, the significant improvement in these fundamental metrics undoubtedly lays a solid foundation for future value growth. With the continuous improvement of the ecosystem and the expansion of the user base, SEI is expected to play a more important role in future blockchain competition.