The Sei blockchain is gaining momentum, and one of the most notable developments in recent weeks has been the surge in NFT activity following its integration with Magic Eden. As one of the largest decentralized NFT marketplaces, Magic Eden’s support for Sei NFTs marks a pivotal moment for the ecosystem — opening doors for creators, collectors, and developers alike.
Every Monday, this overview delivers the latest updates, metrics, and insights on the Sei blockchain and its rapidly expanding ecosystem. From price movements to developer activity, we break down what matters — all in one place.
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Key Sei Network Metrics (7-Day Change)
- **$SEI token price**: $0.63 (+3.28%)
- Market cap: $2.49B (+2.89%)
- Total Value Locked (TVL): $248.3M (+1.13%)
- Daily average transactions: 4.17M (+0.24%)
- Daily active addresses: 336.4K (+41%)
- Total wallets: 5.94M (+15.34%)
- Real-time transactions per second: 51.89 (+39.34%)
- Block time: 0.44 seconds
All percentages reflect changes over a 7-day period unless otherwise noted.
Magic Eden Integration: A Catalyst for Sei NFTs
What Happened?
Magic Eden, initially launched as a Solana-centric NFT marketplace, has expanded its reach across multiple blockchains — and now includes Sei as its 10th integrated chain. This partnership brings full NFT functionality to Sei, including a dedicated NFT launchpad, mint terminal, and marketplace.
This integration enables creators to easily mint, list, and manage NFT collections directly on Sei via Magic Eden’s user-friendly interface. For users, it means seamless access to buying, selling, and discovering new NFTs without switching platforms.
Why It Matters
The impact was immediate. On the day of the announcement, Sei-based NFTs recorded approximately $22,700 in daily trading volume, according to Flipside Crypto data. More importantly, two of the top three Sei NFT collections — Seiyans and CAPPYS — saw their floor prices increase by 25% and 16.5%, respectively, within the same timeframe.
By placing Sei NFTs alongside those from other major chains, Magic Eden significantly boosts visibility and liquidity for existing projects. This cross-chain exposure increases the chances of attracting new collectors who may not have previously explored the Sei ecosystem.
Additionally, Magic Eden’s overall weekly NFT volume surged by 46% to $4.6 million, suggesting strong user engagement following the integration.
Expanding Opportunities for Creators
The addition of a launchpad and mint terminal lowers the barrier to entry for artists and developers looking to launch NFT projects. With tools that simplify deployment and distribution, more creators can focus on innovation rather than technical complexity.
For emerging projects evaluating multi-chain strategies, Sei’s high-speed infrastructure (with sub-second block times) combined with Magic Eden’s established marketplace presence makes it an increasingly attractive option.
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The Bigger Picture: Sei’s Growing NFT Ecosystem
While still relatively small compared to giants like Ethereum or Solana, the Sei NFT market has shown promising growth potential. Over the past 90 days, total NFT volume on Sei reached around 1.6 million $SEI** (approximately **$655,000).
Given that global NFT sales across all blockchains totaled about $184 million in the past week alone (per CryptoSlam), capturing even 1% of that volume would represent a 205% increase in Sei’s current NFT activity.
This context highlights the untapped opportunity — especially as broader crypto markets heat up and buyer interest returns.
Ecosystem Growth Beyond NFTs
Sei’s momentum isn’t limited to digital collectibles. The broader ecosystem continues to expand across gaming, DeFi, and infrastructure:
- Archer Hunter, a Web3 game built on Sei, saw unique active wallets jump by 290% week-over-week, reaching 146,000 users (DappRadar).
- Silo Stake, a liquid staking protocol for Sei, peaked at $112 million in TVL, signaling growing confidence in yield opportunities.
- Daily active addresses hit a new high of 377,000, reflecting increased on-chain engagement.
Moreover, five of the top 10 dApps by 30-day growth (with over 1,000 unique active wallets) are built on Sei (DappRadar), reinforcing its appeal among developers.
Community engagement is also rising:
- Stavax hosted an X Space discussing the future of gaming on Sei.
- The official Sei Hub shared insights into the top-performing dApps by weekly volume.
Frequently Asked Questions (FAQ)
Q: What does Magic Eden’s support mean for Sei NFT creators?
A: Creators gain access to a mature marketplace with built-in tools for launching and managing NFTs. The integration includes a launchpad and mint terminal, streamlining the process of creating collections and reaching a wider audience.
Q: How has the Magic Eden partnership affected trading volume on Sei?
A: Immediately after integration, daily NFT trading volume on Sei reached $22.7K. While modest compared to larger ecosystems, this marks a significant step forward given Sei’s early-stage NFT market.
Q: Are there any notable NFT collections on Sei?
A: Yes — Seiyans and CAPPYS are two leading collections. Both experienced double-digit floor price increases following the Magic Eden announcement, indicating strong community response.
Q: Is Sei only focused on NFTs?
A: No. While NFTs are gaining traction, Sei is also seeing rapid growth in gaming and DeFi sectors. Projects like Archer Hunter and Silo Stake demonstrate robust activity beyond digital art and collectibles.
Q: How fast is the Sei blockchain?
A: Sei processes blocks in just 0.44 seconds, making it one of the fastest Layer 1 blockchains available. This speed enhances user experience for transactions, trades, and game interactions.
Q: Where can I explore upcoming Sei NFT drops?
A: You can find curated lists of upcoming mints on platforms like Magic Eden and social channels such as X (formerly Twitter). Community members often share real-time updates about new launches.
Getting Involved in the Sei Ecosystem
For those looking to participate:
- Join the Sei Tenkaichi Tournament and compete for a share of $25,000 in prizes.
- Follow daily ecosystem discussions hosted by community members like NiftyQ on X Spaces.
- Explore job opportunities at Sei Foundation if you're interested in contributing long-term.
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Final Thoughts
The partnership between Sei and Magic Eden is more than just a technical integration — it's a strategic move that amplifies visibility, usability, and growth potential across the ecosystem. With rising transaction volumes, expanding dApp innovation, and renewed interest in NFTs driven by broader market trends, Sei is positioning itself as a competitive player in the next generation of blockchain platforms.
As adoption grows and infrastructure strengthens, now is an ideal time for creators, investors, and users to explore what Sei has to offer.
Core Keywords: Sei NFT, Magic Eden, blockchain integration, NFT marketplace, digital collectibles, Web3 gaming, DeFi on Sei, NFT launchpad