Lookonchain APP

App Store

Binance has officially become a Sei Network validator, providing enterprise-grade security for the network

2025.11.07 11:00:16

On November 6th, according to official information, the world's largest cryptocurrency exchange, Binance, has officially become a Validator Node of the Sei Network. Sei is a high-performance Layer 1 blockchain designed for institutional-grade financial applications and is currently the fastest EVM-compatible chain. Binance's participation indicates the global leading institutions' confidence in Sei as the preferred settlement layer for institutional assets. Binance manages assets worth $180 billion for more than 200 million users, and its mature operational security system will provide enterprise-level security for the Sei consensus layer, supporting the network's development towards institutional-scale applications. In terms of technical performance, Sei has currently achieved a block confirmation speed of 400 milliseconds, supporting real-time application scenarios. The upcoming Giga upgrade will further enhance performance, aiming to achieve a throughput of 5,000 mega gas per second and approximately 200,000 transaction processing capabilities per second, which is a 50x improvement over existing EVM chains. In terms of ecosystem development, the Sei Network currently has more than 70 million wallet addresses, processes an average of 4.5 million transactions per day, and has a Total Value Locked (TVL) of more than $680 million (as of July 2025 data). The network has attracted tokenized funds from institutions such as BlackRock, Brevan Howard, Hamilton Lane, Apollo, and has partnered with major infrastructure partners such as Circle, MetaMask, Etherscan, Ondo, and Securitize.
Relevant content

A new address withdrew 1,546 Bitcoins from Binance, equivalent to approximately 106.68 million US dollars

Per LookOnChain monitoring on February 8, a new address “39B2BNj” withdrew 1,546 BTC from Binance this morning—valued at approximately $106.68 million.

3 minutes ago

There was an abnormal price fluctuation in the Bitcoin and ETH spot 1-minute chart on Binance, possibly due to a market maker's grid trading strategy malfunction.

On February 8, abnormal volatility was spotted in 1-minute charts for Bitcoin and ETH spot trading on Binance, with single-minute swings hitting over 1% and even 3% between 00:05 and 00:17. Some analysts link the move to a malfunction in market makers’ grid trading strategies.

3 minutes ago

A new address withdraws 60,000 ETH from Gate and deposits it into Aave, potentially for leveraged trading.

On February 8, per Onchain Lens data, a newly created crypto wallet withdrew 60,000 ETH (valued at $1.2296 billion) from Gate exchange and deposited the funds into Aave V3.

3 minutes ago

Next Week Macro Outlook: Non-Farm CPI Overlapping with US-Iran Negotiations, Japan Election, Crypto Market to Face Ultimate Test

This week (Feb 7), the cryptocurrency market extended its losses, though it staged a brief rebound Friday. Fragile investor sentiment will face fresh tests next week as key macro events and data flood the calendar—including U.S.-Iran talks, Japan’s general election, U.S. nonfarm payrolls (NFP) and CPI. Here’s the breakdown: ### Macro Data & Fed Speeches - **Tue 00:00 ET**: U.S. January New York Fed 1-year forward inflation expectations - **Tue 02:30 ET**: Fed Governor Waller to speak on digital assets - **Tue 04:15 ET**: Atlanta Fed President Bostic (2027 FOMC voter) to discuss monetary policy & economic outlook - **Tue 21:30 ET**: U.S. Dec retail sales (MoM); Q4 labor cost index (QoQ); Dec import price index (MoM) - **Wed 01:00 ET**: Cleveland Fed President Mester (2026 FOMC voter) to speak on “Banking & Economic Outlook” - **Wed 02:00 ET**: Dallas Fed President Kaplan (2026 FOMC voter) to speak - **Wed 21:30 ET**: U.S. Jan unemployment rate; NFP (seasonally adjusted,

3 minutes ago

Kalshi Discloses Giannis Antetokounmpo Stake Is Less Than 1%

On February 7, The Block reported that a Kalshi spokesperson confirmed NBA Milwaukee Bucks star Giannis Antetokounmpo (the "Greek Freak") owns less than a 1% stake in Kalshi. The deal was signed this past Thursday, February 5—NBA trade deadline day. Based on Kalshi’s recent $11 billion valuation, a 1% stake in the company is valued at $110 million.

3 minutes ago

Solana Ecosystem Meme Coin Buttcoin Market Cap Hits New High Against the Trend, Diamond-Handed Whale Realizes Over $500,000 in Unrealized Gains

Feb. 7 — Per GMGN market data (via gmgn.ai), Solana-based meme coin Buttcoin surged countertrend to a new high today. Its market cap briefly topped $45 million before paring gains, currently sitting at $40.61 million — representing a nearly 425.3% jump over the past week. A deep dive into the token’s top holder addresses reveals the second-largest holder accumulated their position when the coin’s market cap hovered near $7 million: they invested $95,000, never sold, and now hold an unrealized gain of $506,700. BlockBeats reminds users that meme coin trading is extremely volatile, largely driven by market sentiment and hype cycles, with no underlying value or practical use case. Investors are advised to exercise caution.

3 minutes ago