SEI Hits 5 Billion Transactions as Daily Active Users Surge 214% YoY

Sei Network crossed 5 billion total transactions this week while daily active addresses on its EVM layer hit an all-time high of 951,700 users—representing 214% year-over-year growth according to data from Token Relations published January 20, 2026.

The Layer-1 blockchain, currently trading at $0.105 with a $693 million market cap, is seeing broad-based adoption across its application layer. Yei Finance, Takara, and Match are driving much of the engagement as users flock to the network's high-throughput infrastructure.

Chainlink Brings Traditional Equities On-Chain

The week's biggest institutional development came from Chainlink, which deployed 24/5 U.S. Equities Data Streams on Sei. Monaco, an on-chain trading venue, announced it will be among the first platforms to integrate the feeds.

"Integrating Chainlink's Streams will provide the highly-performant pricing needed to maintain market quality, protect traders, and empower institutional trading on Monaco," said the platform's CEO on January 21.

This integration positions Sei as infrastructure for tokenized equity trading—a sector that's been heating up as traditional finance explores blockchain rails.

New Apps Keep Launching

Blits Trade went live on January 22 with "Tap Trading," a price-based prediction market offering up to 33x payouts. The platform bills itself as "the fastest prediction market ever built," leveraging Sei's sub-second finality.

Meanwhile, Sei Labs has been busy on the research front. A co-authored paper with Mysten Labs titled "Sedna" proposes a novel sharding approach that addresses the longstanding tradeoff between low latency and censorship resistance. Sei co-founder Jay Jog called it "a major research breakthrough" that combines MCP and sharding techniques.

A separate Sei Labs paper examined how dollar-backed stablecoins effectively extend Federal Reserve monetary policy globally—arguing that stablecoin users are "connecting directly to the U.S. financial system, bypassing traditional intermediaries."

What's Next for SEI

The network has been busy beyond the numbers. Bhutan announced plans to run a Sei validator on January 21, while a major EVM transition is reportedly underway according to reports from January 24. Sei Labs co-founder is scheduled to attend a Hong Kong forum this week to discuss industry trends.

With the "Sei Giga" upgrade targeting significant throughput improvements on the horizon and the network now supporting over 90 million wallets, the question becomes whether this user growth translates into sustained protocol revenue. The 214% DAU surge is impressive, but traders will want to see fee generation and TVL metrics catch up to the activity numbers.