The Roundup: Week of December 22nd, 2025

Messari reports 93.5% growth in daily addresses on Sei, Dune releases Sei 2025 End of Year report, and Sakura Nexus sets new NFT volume records.The ecosystem came into alignment to close out a year of sustained growth.

The Capital System of the Market Infrastructure Grid is unveiled, highlighting the industry-leading capital infrastructure powering modern markets on Sei

This strategic framework displays a constellation of top-tier ecosystem participants—ranging from payments giants like Circle, PayPal, and Revolut to interoperability leaders such as LayerZero and Wormhole. The Market Infrastructure Grid’s Capital System provides a clear map of capital infrastructure in the Sei ecosystem, making it legible for enterprises and institutions evaluating deployment.

Messari’s “State of Sei Q3 2025” shows Sei Network activity nearly doubles in fifth straight quarter of growth, with daily active addresses surging 93.5% and transactions rising 87%

A pattern of sustained adoption is taking hold as market infrastructure converges on shared, high-performance rails. Validating this trajectory, Q3 2025 marked the network's fifth straight quarter of expansion, with data showing a massive 93.5% increase in daily active addresses and an 87% jump in daily transactions quarter-over-quarter.

Spot trading volume on Sei surpassed $4.6B in Q3, driven by core AMMs and the rise of onchain CLOBs

As market structure matures, spot activity is compounding rapidly, closing Q3 2025 with $4.6B in total volume. This growth is spearheaded by robust liquidity in core Automated Market Makers and the emerging dominance of onchain Central Limit Order Books, signaling that the foundations of real institutional-grade market depth are now firmly established on the network.

Dune highlighted the steady growth of the Sei ecosystem in their 2025 Multichain Report

The newly released report offers a transparent, granular retrospective of ecosystem health, aggregating data across the entire year. By highlighting key growth vectors and usage patterns, the analysis provides developers and stakeholders with verifiable insights into the network's scaling milestones and user behavior.

Sei Development Foundation released "Waking the Dead Capital" — an opinion article analyzing the long tail of RWA liquidity

The article explores the technical and economic frameworks required to bring illiquid traditional assets onchain. It details how the network's infrastructure can serve as the bridge for "dead capital," effectively connecting isolated value from the physical world with the velocity and accessibility of digital markets.

Sakura Nexus concluded Genesis Round 2, setting a new trading volume record on Magic Eden

Following the successful close of Sakura Nexus’s second minting phase, the collection immediately triggered a surge in secondary market activity. This event established a new all-time high for trading volume on Magic Eden within the ecosystem, demonstrating deep demand and strong community engagement for high-quality digital collectibles.

Markets Move Faster On Sei.

Disclaimer:

This post is provided for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities, digital assets, or investment products. Any forward-looking statements, projections, or descriptions of anticipated activities are subject to risks and uncertainties and may not reflect actual future outcomes. Sei Development Foundation is not offering or promoting any investment in SEI tokens or digital assets, and any references to token-related activity are subject to applicable U.S. securities laws and regulations. All activities described herein are contingent upon ongoing legal review, regulatory compliance, and appropriate corporate governance. This post should not be relied upon as legal, tax, or investment advice.