Sei [SEI] crashed by more than 17% in the past 24 hours at press time. While this massive decline was consistent across the crypto market, which lost more than 5%, SEI’s network activity and capital outflows amplified its losses. In particular, its daily transaction fees declined by 38%, from 3,849 SEI to 2,360 as of writing. The situation was the same with the average daily transaction fees, which also declined by 39%, reaching about $0.0002.