Sei Network, a high-speed Layer 1 blockchain, has achieved a significant milestone with over 600,000 active wallets, marking its highest count to date. The platform's growth is fueled by increasing interest from gaming and DeFi sectors, despite a 30% drop in the SEI token price in May. Since January 2025, Sei Network has seen a surge of 17 million new addresses, totaling 26.8 million active addresses. The second quarter has seen rapid expansion, with daily new address creations exceeding 330,000. This influx of users has propelled the daily active wallet count past 600,000, attracting fresh capital and boosting the total value locked to over $550 million. Sei Network's focus on high-speed transactions has made it a preferred choice for on-chain gaming, evident in the popularity of gaming DApps like World of Dypians and Hot Spring. Despite price fluctuations, analysts remain optimistic about SEI's future, citing technical signals for a potential bullish trend reversal. Read more AI-generated news on: https://app.chaingpt.org/news