{"id":303594,"date":"2024-05-17T02:03:10","date_gmt":"2024-05-16T20:33:10","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=303594"},"modified":"2024-05-17T02:03:10","modified_gmt":"2024-05-16T20:33:10","slug":"sei-token-pops-on-v2-roadmap-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/sei-token-pops-on-v2-roadmap-crypto-news\/","title":{"rendered":"Sei Token Pops on V2 Roadmap – Crypto News"},"content":{"rendered":"

<\/p>\n

The Layer 1 blockchain\u2019s token spiked 30% after the team revealed deployment plans for its Ethereum-compatible V2 upgrade. <\/p>\n

\n

Sei, a high-speed Layer 1 blockchain, shared<\/a> its V2 roadmap yesterday, sending its native token soaring.<\/p>\n

Sei V2 will bring the first highly performant parallelized EVM into production, kicking off its first phase with a governance proposal. If approved, phase 2 means deploying V2 Alpha, bringing to life EVM-based smart contracts, and beginning infrastructure integrations with the network.<\/p>\n

According to the team, phase two is expected to take days rather than weeks while it remains focused on maintaining chain stability.<\/p>\n

Phase 3 lacks specific details, but the team said it will announce them when V2 is stable and critical infrastructure such as RPCs, bridges, indexers, and multisigs are ready.<\/p>\n

SEI soared<\/a> on the news, jumping 25% from $0.44 to $0.58. It has since dropped slightly, changing hands currently for $0.55. The network\u2019s market capitalization sits at $1.6 billion.<\/p>\n

SEI Price<\/figcaption><\/figure>\n

In early February, Sei upgraded its devnet<\/a>, allowing developers to deploy code compatible with the Ethereum Virtual Machine (EVM).<\/p>\n

Upgrading the network to EVM compatibility meant opening its doors to Ethereum\u2019s vast ecosystem of dApps, furthering its move to provide its developer community with more tools and a broader programming language.<\/p>\n

The release wasn\u2019t intended for end users but rather for developers to experiment with deploying their applications.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Layer 1 blockchain\u2019s token spiked 30% after the team revealed deployment plans for its Ethereum-compatible V2 upgrade. Sei, a high-speed Layer 1 blockchain, shared its V2 roadmap yesterday, sending its native token soaring. Sei V2 will bring the first highly performant parallelized EVM into production, kicking off its first phase with a governance proposal. […]<\/p>\n","protected":false},"author":2,"featured_media":303600,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-303594","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/303594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=303594"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/303594\/revisions"}],"predecessor-version":[{"id":303601,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/303594\/revisions\/303601"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/303600"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=303594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=303594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=303594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}