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Sei Network

Sei is a general purpose, open-source Layer 1 blockchain specialized for the exchange of digital assets. Sei addresses the exchange scalability problem by building the first Layer 1 specialized for trading, optimizing every layer of the stack to offer the best infrastructure for the exchange of digital assets.

What is Sei Network?

Sei Network is a high-performance Layer 1 blockchain designed to scale the Ethereum Virtual Machine (EVM) through parallelized execution. This architecture enables faster transactions, reduced fees, and seamless smart contract deployment, addressing traditional blockchain bottlenecks while maintaining full Ethereum compatibility.

How Does Sei Network Work?

Sei Network employs a parallelized execution model that allows multiple transactions to be processed simultaneously. This approach enhances throughput and efficiency, ensuring rapid transaction finality and low latency, which are crucial for decentralized applications requiring high-speed operations.

What Makes Sei Network Unique?

Sei Network stands out due to its parallelized execution, which significantly boosts transaction speeds and reduces costs. Its full compatibility with Ethereum allows developers to deploy existing smart contracts without modifications. Additionally, Sei's upcoming Giga upgrade aims to deliver a 50x improvement in EVM throughput, further optimizing execution, consensus, and storage to achieve performance levels comparable to traditional web services.

Who Are the Founders of Sei Network?

Sei Network was founded by a team of experienced professionals from leading financial and technology institutions. Notably, the team includes former employees from Goldman Sachs and Robinhood, bringing a wealth of expertise in finance and technology to the project.

Latest News

What Key Events Have There Been for Sei Network?

Sei Network has achieved several significant milestones, including raising $30 million in a Series A funding round in April 2023, which valued the project at $800 million. The network also launched its Token Generation Event (TGE) on August 15, 2023, with an initial listing price of $1.47 per SEI token.

Project Announcements

Recent updates include the announcement of the Giga upgrade, which is set to deliver a 50x improvement in EVM throughput, optimizing execution, consensus, and storage to push blockchain performance to web2 levels.

Upcoming Events

TGE Time

August 15, 2023

Projects Announcements

Where to Buy SEI?

SEI tokens can be traded on several exchanges, including Binance, where it was listed through the Binance Launchpool. Other platforms may also support SEI trading pairs.

SEI Price

Daily Trading Volume

$139.12 million

All-Time High

$1.14 on March 16, 2024

All-Time Low

$0.007989 on August 15, 2023

Market Cap and Valuation

Market Cap

$1.94 billion, ranking #58

Fully Diluted Valuation

$3.17 billion

SEI Price Prediction

While specific price predictions are speculative, factors influencing SEI's price include market sentiment, adoption rates, and technological developments such as the upcoming Giga upgrade. As of now, there are no available forecasts from reliable experts or publications.

FAQ

What is the Purpose of Sei Network?

How Can I Participate in Sei Network's Ecosystem?

What Sets Sei Network Apart from Competitors?

Is Sei Network Secure?

What are the Risks Associated with Sei Network?

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Community Sentiment

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at support.web3@bitget.com — we appreciate your feedback and will make improvements where needed.