BlockBeats News, November 6th, according to official sources, the world’s largest cryptocurrency exchange Binance has officially become a Validator Node of Sei Network. Sei is a high-performance Layer 1 blockchain designed for institutional-grade financial applications and is currently the fastest EVM-compatible chain.
Binance’s joining signifies global leading institutions’ confidence in Sei as the preferred settlement layer for institutional assets. Binance manages assets worth $180 billion for over 200 million users, and its mature operational security system will provide enterprise-level security for the Sei consensus layer, supporting the network’s development towards institutional-scale applications.
In terms of technical performance, Sei has currently achieved a 400-millisecond block confirmation speed, supporting real-time application scenarios. The upcoming Giga upgrade will further enhance performance, aiming to achieve a throughput of 5,000 mega gas per second and approximately 200,000 transaction processing capabilities per second, a 50x improvement over existing EVM chains.
In terms of ecosystem development, Sei Network currently has over 70 million wallet addresses, processes an average of 4.5 million transactions per day, and has a Total Value Locked (TVL) of over $680 million (as of July 2025 data). The network has attracted tokenized funds from institutions such as BlackRock, Brevan Howard, Hamilton Lane, Apollo, and has partnered with major infrastructure partners such as Circle, MetaMask, Etherscan, Ondo, Securitize.
