Coinbase International Exchange received a license from Bermuda in September 2023 to offer perpetual trading services to its customers outside the United States. The exchange also offers perpetual trading for several other altcoins, including Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), Stellar (XLM), Polygon (MATIC), Bitcoin Cash (BCH), Celestia (TIA), Injective (INJ), Sei (SEI), Aptos (APT), Filecoin (FIL), Sui (SUI), Polkadot (DOT), Internet Computer (ICP), and Near Protocol (NEAR).

You might like: Galxe Introduced Web3 AI Chat Bot!

According to CoinGecko data: BLAST is up 8.5% in the last 24 hours and is currently trading at $0.0153. ZRO is up 6.3% and is currently trading at $3.95. ZK is trading at $0.149.

The post Coinbase International Lists 3 New Altcoins for Perpetual Trading appeared first on Coin Engineer.

Launched on February 13th, the new Devnet V2 boasts expanded compatibility with the Ethereum Virtual Machine (EVM).

This opens the door for developers to seamlessly port their Ethereum-based DApps to Sei’s high-throughput blockchain, potentially unlocking a wave of new applications.

By attracting the vast ecosystem of EVM-based DeFi and other projects, Sei positions itself as a compelling alternative to established Layer 1 platforms.

Sei’s innovative design blends elements of Ethereum and Solana, utilizing a “parallelized” approach to split transaction processing across multiple nodes.

This translates to blazing fast speeds, making Sei particularly attractive for trading platforms and exchanges requiring high throughput.

20,000 new users joined in the past week, pushing the total user base to over 950,000 – a significant increase from only 4,500 daily active users six months ago.

On-Chain Activity Booms (Sei)

The influx of traders and DApp users is driving increased on-chain activity, evident in the surging total value locked (TVL).

This metric, representing the combined value of assets deposited in DeFi protocols, has hit an all-time high on Sei, further underlining the network’s growing traction.

Riding the wave of renewed optimism in the crypto market, the SEI price has broken out, potentially fueled by the positive developments on the Sei network.

With sentiment firmly in “extreme greed” territory, investors are looking for altcoins with strong fundamentals, and SEI seems to fit the bill.

Technically, SEI could target $1 if it surpasses the $0.75 resistance zone, with further upside potential towards $1.08.

Conclusion

The confluence of technology upgrades, expanding network adoption, and a bullish market climate is propelling the SEI token forward. With its unique architecture and growing ecosystem, Sei has the potential to become a major player in the blockchain space. Whether it reaches the predicted $1 price point remains to be seen, but its current momentum is undeniable.

The post Sei (SEI) Price Prediction: SEI Price Analysis appeared first on Coin Engineer.

You might like: Binance has burned 5.57 billion Terra Luna Classic tokens!

Zilliqa (ZIL) Network Upgrade and Hard Fork

The Zilliqa (ZIL) network upgrade and hard fork will take place on January 3, 2024 at 09:00 UTC. During this time, Binance will suspend deposits and withdrawals of Zilliqa (ZIL) tokens on the network, effective at approximately 08:00 UTC on January 3, 2024.

This update is being implemented to improve the security and efficiency of the Zilliqa network. Users will be able to continue to trade Zilliqa on Binance during this time.

Sei (SEI) Network Upgrade

The Sei (SEI) network upgrade will take place at block height 49,519,931, or approximately January 3, 2024 at 17:00 UTC. During this update, Binance will temporarily suspend deposits and withdrawals of Sei (SEI) tokens on the network, effective at approximately 16:00 UTC on January 3, 2024.

Binance aims to improve the performance, security, and functionality of the Sei (SEI) network with this upgrade. Users will be able to continue trading Sei (SEI) on Binance.

Also, these updates will not affect the trading of tokens on the affected networks.

The post Binance to Support ZIL and SEI Network Upgrades! appeared first on Coin Engineer.