Binance Becomes Validator Node for Sei Network Layer 1 Blockchain

Binance has become a validator node for Sei Network, a high-performance Layer 1 blockchain designed for institutional financial applications, the exchange announced on Nov. 6. The platform, which manages $180 billion in assets for over 200 million users, will provide enterprise-grade security to Sei's consensus layer. Sei currently achieves 400-millisecond block finality and processes an average of 4.5 million transactions daily across more than 70 million wallet addresses. The network's upcoming Giga upgrade targets throughput of 5,000 gigagas per second and approximately 200,000 transactions per second, representing a 50x improvement over existing EVM chains.