“SEI, the Sei blockchain token, is up 13% following the launch of the Sei v2 mainnet beta, which has been called the “highest-performing EVM blockchain.” SEI is now up 12.5% ​​in the last 24 hours, trading at $0.3422. Volume daily trade amounted to $211 million, an increase of 48.2% per day for the 1st level blockchain.

Coinciding with this was the Sei team's announcement of the official release of the "Sei v2 mainnet beta". The network, known for its fast and cost-effective cryptocurrency trading, recently improved its system by integrating Geth.

The previous mainnet beta version, Sei v1, was launched in August 2023 after two successful funding rounds that raised $30 million from investors.

The completion of Sei v2 Phase 2 comes shortly after the Sei Foundation announced the launch of a new $10 million grant to support NFT and social media projects."