Never Sei Never

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.

Solana’s recent explosion in price has demonstrated in high-profile fashion how fast transaction times, low gas fees, and a unified state are all desirable features of a crypto network to the market.

Notably, Sei V2 takes these traits and combines them with the EVM, offering users Solana-like performance while preserving compatibility with EVM smart contracts and tooling. This compatibility allows these contracts to be seamlessly redeployed and reused on Sei with zero code changes.

This deadly combination should prove helpful in attracting users and developers to the network by preserving a familiar environment while drastically upping the performance of the underlying network.

Monad is another chain aspiring to parallelize the EVM, yet only Sei currently has a liquid token offering traders exposure to this haute narrative. Take note accordingly!