SEI Token Surges 10% Amid EVM Upgrade Hopes

The cryptocurrency market has witnessed a significant surge in SEI tokens, with their price increasing by 10% on April 22, 2026. According to CoinMarketCap, the $SEI token stands at $0.06219 with a surge of 9.82% in the last 24-hours.

The upgrade to the v6.4 mainnet is a crucial step towards EVM dominance, as it eliminates Cosmos dependencies and enables seamless interactions between blockchains. The update includes disabling inbound IBC transfers, groundwork for outbound IBC shutdowns, and retiring the native oracle in favor of trusted providers such as Chainlink API3 and Pyth.

Sei Labs' announcement has sparked excitement among investors, with many speculating that this upgrade will lead to sustained growth. The absence of a fresh partnership or upgrade announcement suggests classic momentum trading, where retail frenzy amplifies the move.