Sei’s (SEI) price has experienced a bullish rally after the Sei Foundation announced a proposed upgrade. The news of transitioning to Sei blockchain version 2 has seen the cryptocurrency’s value increase by 10%.
This update will introduce a high-performance, parallelized Ethereum Virtual Machine (EVM), allowing the network to work much faster and be compatible with Ethereum-based contracts.
Proposed V2 Upgrade to Enhance Sei Blockchain
The upgrade proposal by the Sei Foundation to the version 2 of the Sei blockchain software is a crucial step in its development. Sei Labs, moreover, claims that this new version will integrate a parallelized EVM, which will provide sub-second finality for transactions and a better user experience.
Should the governance proposal be approved, the upgrade is planned to be implemented in one week (May 27).
It’s happening.
The Sei v2 gov proposal is live – if it passes, the mainnet upgrade will be next Monday May 27th.
Time to go Super Seiyan. https:
We współpracy z: https://coingape.com/sei-price-soars-10-as-foundation-proposes-v2-upgrade/
