---
title: "SEI Price Explodes 12% on Coinbase Listing"
url: https://diffcoin.com/sei-price-explodes-12-on-coinbase-listing/
description: "SEI is surging today, most likely because of the recent listing on Coinbase, but there's more."
published: 2023-08-16
updated: 2023-08-16
author: "Mila"
site: "Diffcoin"
---

# SEI Price Explodes 12% on Coinbase Listing

Recently-launched layer 1 protocol, Sei network, saw its native cryptocurrency – the SEI token – listed on the major US-based cryptocurrency exchange Coinbase.

- Sei is a newly-launched blockchain making bold claims and promises of being “the fastest blockchain in the industry.”
- The Sei token was introduced on the Binance Launchpool program at the beginning of August and started trading a few days ago.
- Most recently, SEI was [listed](https://twitter.com/CoinbaseAssets/status/1691432501791555584) on the largest US-based cryptocurrency exchange, Coinbase. Per the announcement:

> Coinbase will add support for Sei (SEI) on the Sei network. Do not send this asset over other networks or your funds may be lost.
> 
> Trading is anticipated to begin later today, if liquidity conditions are met. Once sufficient supply of this asset is established trading on our SEI-USD trading pair will launch in phases. Support for SEI may be restricted in some supported jurisdictions.

- It also appears that the token is seeing increased traction in Korea. According to a recent report, BTSE CEO Jeff Mei said:

> The chain’s degen-focused online community seems to have connected particularly with the South Korean retail market, with trading surging on local exchanges Bithumb and Upbit.

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[Source link](https://cryptopotato.com/sei-price-explodes-12-on-coinbase-listing/)