Etherscan Expands to Sei Blockchain as Community’s Buying and selling Quantity Tops $1.3B in August

Standard Ethereum Digital Machine (EVM) blockchain explorer Etherscan stated it expanded to the Sei blockchain, bringing in a well-known approach for customers to trace on-chain exercise.

The brand new software, known as Seiscan, adapts the extensively used Ethereum block explorer to Sei’s EVM-compatible community, in response to a weblog put up on Sei’s web site.

Etherscan capabilities as a search engine for blockchain information displaying particulars on pockets addresses, transactions, token actions and good contracts and extra.

The platform processes greater than 1 billion API calls per day throughout Ethereum and different supported chains, and its arrival on Sei provides builders entry to APIs and analytics already relied upon by hundreds of decentralized finance protocols.

Sei’s ecosystem is rising rapidly. In keeping with DeFiLlama, complete worth locked on the blcockahin rose from simply over $5 million at first of 2024 to $560 million right this moment. Buying and selling exercise additionally stays robust, with $1.3 billion in August quantity, down barely from a July peak of $1.56 billion.

The explorer comes greater than a month after CoinShares launched a SEI staking exchange-traded product (ETP) with staking yield throughout Europe.

Sei’s SEI token is down roughly 4.5% prior to now 24 hours, whereas the broader crypto market is down 2.8%.