Etherscan Launches Seiscan to Power Sei’s EVM Ambitions

Generated by AI AgentCoin World
Sunday, Sep 7, 2025 8:53 am ET1min read
ETH
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Aime RobotAime Summary

- Etherscan launches Seiscan, an EVM-compatible block explorer for Sei Network, enhancing transparency and developer tools.

- Sei's ecosystem grew rapidly post-2023 mainnet, with TVL surging from $5M to $580M and 13M unique users by August 2025.

- MetaMask integration and upcoming Giga update aim to boost accessibility, institutional adoption, and network performance for Sei.

- SEI token ranks 79th by market cap at $0.30, reflecting broader crypto market declines despite Sei's strong transaction volume growth.

Etherscan, the leading

Ethereum
Virtual Machine (EVM) blockchain explorer, has launched Seiscan, a dedicated block explorer for the
Sei
Network. The platform adapts Etherscan’s widely used interface to Sei’s EVM-compatible blockchain, providing developers and users with familiar tools to track transactions, monitor wallet addresses, and analyze smart contract activities. Seiscan offers access to over 1 billion daily API calls across Ethereum and other EVM-compatible chains, enabling developers to leverage analytics and infrastructure already used by thousands of decentralized finance (DeFi) protocols [2].

The expansion of Etherscan to Sei follows a strategic initiative outlined in July, when the network announced plans to integrate a block explorer to enhance transparency and developer experience. Jayendra Jog, co-founder of Sei Labs, emphasized that the launch of Seiscan is both practical and symbolic, affirming Sei’s commitment to EVM compatibility and fostering an environment where developers can deploy applications with minimal friction [2].

Sei’s ecosystem has seen rapid growth since the launch of its mainnet in 2023, particularly after the introduction of its EVM-compatible chain, Sei V2. As of August 2025, the network processes approximately 4.4 million transactions per day, with 13 million unique users recorded in the same month. Total value locked (TVL) on the network has surged from $5 million at the start of 2024 to $580 million, according to on-chain data [3]. Trading volume also remains robust, with $1.3 billion in activity recorded in August, slightly below July’s peak of $1.56 billion [1].

The growing adoption of Sei is further supported by key integrations, including MetaMask’s support for Sei, which allows users to access Sei-based applications, tokens, and NFTs. This development, along with the launch of Seiscan, underscores Sei’s focus on expanding accessibility and user engagement. The network’s roadmap includes continued development of tools for the tokenization of real-world assets, particularly as institutional interest in blockchain-based infrastructure grows [2].

Looking ahead, Sei is preparing for the launch of its Giga update, which is expected to enhance the network’s throughput and performance. According to Sei Labs, this update could attract greater interest from institutional investors and further solidify Sei’s position in the layer-1 blockchain space [3].

SEI, the native token of the Sei Network, is currently the 79th-largest cryptocurrency by market capitalization, trading at approximately $0.30. Over the past 24 hours, the token has seen a 1% decline in price, while the broader cryptocurrency market has also experienced a 2.8% decline [1].

Source:

[1] Etherscan Expands to Sei Blockchain as Network's Trading Volume Tops USD1.3B (https://www.coindesk.com/web3/2025/09/04/etherscan-expands-to-sei-blockchain-as-network-s-trading-volume-tops-usd1-3b)

[2] Etherscan Expands to Sei with Launch of Seiscan Block Explorer (https://www.theblock.co/post/369394/etherscan-expands-to-sei-with-launch-of-seiscan-block-explorer)

[3] Etherscan Launches Seiscan Block Explorer for SEI Network (https://coinmarketcap.com/academy/article/etherscan-launches-seiscan-block-explorer-for-sei-network)