The Inscriptions event in December led to contrasting outcomes for various blockchain networks.
The period was marked by a significant increase in on-chain activities, resulting in issues like higher transaction (TX) fees for users.
Sei Network was one of the networks that maintained its performance during this time.
Here's a closer look: 👇🌟 Success Rate: 99%
Even amidst heightened activity, Sei's transaction success rate remained steady, exceeding 99%.
It's noteworthy that the Transactions Per Second (TPS) average saw a threefold increase during this period.🪙
Transaction Fee:
In the week of Inscriptions, some chains experienced more than a tenfold increase in transaction fees. In contrast, chains like Sei saw only a modest rise in fees. Despite this, users on Sei enjoyed a high success rate.⌛️
Block Time:
Regarding block times, Arbitrum and Aptos led with just 0.26 seconds, with Sei Chain close behind at 0.4 seconds, positioning them among the fastest of the popular chains.
However, it's important to note that both shorter and longer block times have their respective benefits and applications.📈
Price Changes:
Echoing the previous month's trend, Sei outperformed the native tokens of other chains in growth. Remarkably, Sei experienced a 147% growth in December.
