Market Traction & Adoption - Sei is showing clear signs of breakout as a Layer 1 blockchain [1] - Sei is becoming the preferred base layer for stablecoins, Real World Assets (RWAs), and institutional use cases [1] - The next phase of on-chain finance is being built on Sei [1] Stablecoin Activity - Daily stablecoin transaction volume reached $46 billion [2] - Stablecoin supply hit an all-time high of $243 million in under 4 months [2] - Circle minted over $100 million in native USDC within the first 10 days [2] - Sei surpassed Polkadot, Tron, Hedera, and Algorand in USDC supply in just 10 days [2] DEX Volume & User Activity - DEX volume reached an all-time high of $153 billion in July [2] - Consistent daily DEX volume now exceeds $100 million [2] - Sei active addresses hit a record of 937,054 [2] Ecosystem Growth & Institutional Interest - Circle, Backpack, Etherscan, CoinShares, and DeBridge have all launched on Sei [2] - RWA infrastructure is going live with Ondo Finance [2] - CoinShares ETP is live in Europe [2] - Canary Capital filed a SEI ETF in the U S [2]