According to Foresight News, the Sei v2 upgrade has been made available to developers and early adopters, with validators upgrading their software to introduce Sei v2 to the mainnet. Existing applications and tokens will continue to operate as before, and while the deployment of applications will take some time, the phased rollout aims to minimize risk, set expectations, and optimize performance. The Sei V2 upgrade introduces support for dual addresses, supporting both 0x addresses and native Sei blockchain addresses.

In another update from Foresight News, the Sei mainnet upgrade to v2 is scheduled for May 27. The proposed upgrade will introduce a high-performance, parallelized EVM to enhance network functionality.