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Never Sei Never

Sei (SEI) has interesting positioning amid the rise of parallelized EVMs

Jack Inabinet
Dec 19, 2023 • 1 min read

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First-mover effect? Parallelized EVM blockchains are gaining traction as this cycle’s ETH killers. Fueled by the narrative, the native token of alt-L1 Sei is on track to enjoy its best stretch of uninterrupted daily gains ever! SEI is up 60% since Monday.

While Sei’s V2 vision to become the first parallelized EVM blockchain was announced on November 29th, it seems to have taken the market a couple of weeks to digest the information and reflect the upgrade in Sei’s price.

Sei v2: Parallelizing the Ethereum Execution Environment

Sei v2 is poised to become the first parallelized EVM blockchain. This major proposed update from Sei Labs aims to deploy a backward compatible Ethereum execution environment integrated into Sei’s core binary, inheriting… pic.twitter.com/6bfYeVsBLX

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Written by Jack Inabinet

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Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.