The Layer 1 blockchain’s token spiked 30% after the staff revealed deployment plans for its Ethereum-compatible V2 improve.
Sei, a high-speed Layer 1 blockchain, shared its V2 roadmap yesterday, sending its native token hovering.
Sei V2 will carry the primary extremely performant parallelized EVM into manufacturing, kicking off its first part with a governance proposal. If accredited, part 2 means deploying V2 Alpha, bringing to life EVM-based good contracts, and starting infrastructure integrations with the community.
In keeping with the staff, part two is anticipated to take days fairly than weeks whereas it stays centered on sustaining chain stability.
Part 3 lacks particular particulars, however the staff mentioned it’s going to announce them when V2 is secure and important infrastructure equivalent to RPCs, bridges, indexers, and multisigs are prepared.
SEI soared on the information, leaping 25% from $0.44 to $0.58. It has since dropped barely, altering arms at present for $0.55. The community’s market capitalization sits at $1.6 billion.
In early February, Sei upgraded its devnet, permitting builders to deploy code appropriate with the Ethereum Digital Machine (EVM).
Upgrading the community to EVM compatibility meant opening its doorways to Ethereum’s huge ecosystem of dApps, furthering its transfer to supply its developer neighborhood with extra instruments and a broader programming language.
The discharge wasn’t meant for finish customers however fairly for builders to experiment with deploying their functions.
