According to CoinMarketCap, SEI’s trading volume has topped $1.6 billion in the past 24 hours, with crypto exchanges such as Coinbase, Binance and Kraken all listing the token at the same time as the SEI network’s debut.
According to reports, Sei is a new network built using the Cosmos SDK, the so-called software development kit, which can be used to easily build new blockchains that can interoperate with other networks in the Cosmos ecosystem.