SEI transaction fees have decreased by nearly 25% in the last four months, making the network more cost-efficient.
The Sei v2 upgrade boosted daily transactions to 5 million and increased total value locked (TVL) by 229%.
SEI Network continues to attract interest from blockchain analysts and traders, with transaction fees falling considerably over time.
According to a recent tweet from blockchain analyst Cooltimes, SEI transaction fees are now about 25% lower than they were four months ago, indicating a consistent improvement in the network’s cost-efficiency.
This reduction in transaction costs is projected to make SEI more appealing to both retail and institutional users, hence increasing its market position.
$SEI tx fee’s continue to get cheaper.
almost 25% cheaper than 4 months ago.
the tech is working 🔴 pic.twitter.com/9l7tnwYAp6
— cooltimes🧊 (@cooItimes) September 13, 2024
CNF earlier announced that in February 2024, Sei Network’s subscriber base increased signifi
