Binance, a major cryptocurrency exchange, has announced its support for the Sei (SEI) network upgrade scheduled for September 16, 2024. The upgrade will occur at a specific block height and will focus on improving the order book and transaction execution of the Sei blockchain. In preparation for the upgrade, token deposits and withdrawals on the Sei and Sei EVM networks will be temporarily suspended. Token trading on the affected networks will not be affected, and Binance will handle the technical aspects of the upgrade on behalf of its users. Once the upgraded network is confirmed to be stable, deposits and withdrawals will resume.



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