$SEI Here are the latest updates on SEI (Sei Network) and Binance:
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1. Network Upgrade Support by Binance 🛠️
Binance will temporarily suspend SEI deposits and withdrawals during network upgrades, while trading remains unaffected:
April 2, 2025: Suspension around 15:00 UTC (block 139,936,278) for a major upgrade .
Previous upgrades also took place on February 5–6, 2025 and September–December 2024 .
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2. Price & Market Momentum
SEI is volatile but currently surging:
Price around $0.29–$0.31, with daily volume exceeding $1 billion .
Recently experienced a ~36% increase in 24 h .
On-chain activity growth: gaming traction, Wyoming stablecoin pilot, triple growth in addresses and 130% surge in transactions .
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3. Institutional Support
Circle, the USD Coin (USDC) issuer, disclosed holding 6.25 million SEI tokens by end‑2024, becoming a major investor .
Sei has also been selected by Wyoming's stablecoin commission for its WYST pilot, signaling institutional trust .
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4. Upcoming “Giga” Upgrade
Sei is preparing the next milestone: “Giga” upgrade, claimed to deliver 50× throughput and sub‑400 ms finality via a parallelized EVM/autobahn consensus .
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⭐ Why this matters for Binance users
Trading stays live during deposits/withdrawals pauses, so you can buy/sell SEI even when on-chain activity pauses.
The price surges reflect both on-chain growth and strong institutional interest.
The upcoming Giga upgrade could greatly enhance Sei's infrastructure and attract further developers and investors.
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📋 Quick summary:
Topic Details
Price ~$0.29–0.31; +30–40% gains recently
Volume > $1 B daily trading volume
Binance support Depos
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$SEI $SUI