Sei Network Soars: 10% Price Jump as Gaming & AI Hype Grows

Sei Network is having a breakout moment, with its SEI token up 10% today as the blockchain makes waves across gaming, stablecoins, and AI payments. Here’s what’s driving the excitement.

1. Wyoming Chooses Sei for WYST Stablecoin

• Selected as one of two finalists for Wyoming’s official stablecoin
• Will use LayerZero’s OFT standard for cross-chain functionality
• Beat out competitors like Solana and Ethereum
• Pilot launch set for July 2024

2. Targeting the $200B AI Payment Market

• Building “VISA for AI agents” with ultra-low fee microtransactions
• Sei Giga enables instant settlements (fractions of a cent per tx)
• Compatible with Coinbase’s x402 for autonomous AI payments

3. Dominating Web3 Gaming

• 7.38M active wallets in 30 days (33.5% market share)
• Surpassed opBNB as top gaming blockchain
• SKALE, WAX, Immutable trail behind

4. Network Activity Exploding

• Active addresses tripled recently (Nansen data)
• 1.4M daily transactions (double previous volume)
• Futures open interest up 24% as traders pile in