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Top SEI Network News To Watch Before Buying The Crypto

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The SEI Network continues to make headlines with major ecosystem expansions and growing institutional interest. Here’s a curated collection of top SEI news in the past 30 days.

SEI Network Gets Seiscan Explorer From Etherscan

Blockchain explorer Etherscan has expanded to the SEI Network with the launch of Seiscan, a dedicated block explorer for SEI. The rollout gives developers and users access to Etherscan’s analytics and APIs. These services handle over a billion calls daily across other chains.

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Seiscan allows users to track transactions, wallet addresses, and smart contracts. It joins other explorers like Seistream and Seitrace. Sei Labs co-founder Jayendra Jog called the launch both practical and symbolic. He said it reaffirms Sei’s commitment to EVM compatibility.

The update follows MetaMask support for Sei, which allows access to Sei-based apps, tokens, and NFTs. Sei now handles 4.4 million daily transactions and $580 million in TVL, showing strong network activity since rolling out its EVM-compatible chain, Sei V2.

21Shares Files for SEI ETF With Staking Option

Asset manager 21Shares filed with the SEC to launch a SEI ETF. The fund would track SEI’s price and could offer staking rewards for investors. This would be the first regulated product of its kind for Sei.

The filing comes as institutional interest in altcoin ETFs grows, following Bitcoin and Ethereum funds. Coinbase Custody will serve as custodian, and Coinbase Inc. will handle trading. Analysts say the SEI ETF has a strong chance of approval.

SEI/USDT Daily Price Chart. Source: TradingView
SEI/USDT Daily Price Chart. Source: TradingView

SEI Network Included in Canary Capital’s ETF Plans

Crypto fund manager Canary Capital has also filed for SEI investment products. These include a dedicated SEI ETF and a broader American-Made Crypto ETF.

The American-Made ETF would track coins and tokens created or operated in the US, potentially including SEI alongside Solana (SOL), XRP (XRP), and Cardano (ADA). If approved, it would list on the Cboe BZX Exchange.

These filings show growing interest from asset managers to bring SEI into regulated markets.

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