{"id":15400,"date":"2025-11-06T18:46:05","date_gmt":"2025-11-06T18:46:05","guid":{"rendered":"https:\/\/bitunikey.com\/news\/sei-price-down-4-as-binance-joins-network-as-validator\/"},"modified":"2025-11-06T18:46:14","modified_gmt":"2025-11-06T18:46:14","slug":"sei-price-down-4-as-binance-joins-network-as-validator","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/sei-price-down-4-as-binance-joins-network-as-validator\/","title":{"rendered":"SEI price down 4% as Binance joins network as validator"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Bullish news was not enough to boost Sei\u2019s price today. On Thursday, Nov. 6, Sei Network announced that Binance will join it as a validator to help secure transactions. Despite this, the token\u2019s price was down 4% in 24 hours, trading at $0.16.<\/p>\n<div id=\"cn-block-summary-block_752482da1cf9187acf0443a50446c22a\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Binance joins the Sei Network as a validator <\/li>\n<li>The Sei price is down 4% to $0.16<\/li>\n<li>Bearish market conditions are weighing down all altcoins<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Bearish market conditions are causing investors to flee risk assets. In the crypto markets, this is affecting altcoins particularly hard. Since the end of October, the altcoin season index has fallen from 33 to 22. This means that only 22 of the top 100 altcoins have outperformed Bitcoin in the past 90 days. <\/p>\n<figure class=\"wp-block-image size-full is-resized\"><figcaption class=\"wp-element-caption\">Altcoin season index and altcoin market cap | Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/charts\/altcoin-season-index\/\" target=\"_blank\" rel=\"nofollow\">CMC<\/a><\/figcaption><\/figure>\n<p>In that same period, the altcoin market cap fell from $1.48 trillion to $1.36 trillion. Sei (SEI) has had a rough time, with its price falling 12% in the past week and 44% in the past 30 days. The biggest crash came on October 10, after news that the White House is imposing <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/finance.yahoo.com\/news\/october-10-tragedy-day-bitcoin-200044256.html\" target=\"_blank\" rel=\"nofollow\">100% tariffs<\/a> on China, which hit both stocks and the crypto market.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"734\" height=\"527\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/11\/1762454765_978_SEI-price-down-4-as-Binance-joins-network-as-validator.webp.webp\" alt=\"SEI price down 4% as Binance joins network as validator - 1\" class=\"wp-image-14432487\"><figcaption class=\"wp-element-caption\">SEI to USD price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Sei price under pressure despite Binance <\/h2>\n<p>While the overall negative sentiment in the crypto markets persists, the partnership with the world\u2019s largest crypto exchange is still notable. According to Sei, it shows growing institutional confidence in its network. <\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cTheir participation signals growing confidence from global enterprises in Sei\u2019s role as the preferred settlement layer for institutional-grade finance,\u201d the announcement wrote. <\/p>\n<\/blockquote>\n<p>So far, Sei Network has secured multiple high-profile industry partners. The network includes Circle, MetaMask, Securitize, KAIO, Etherscan, and Ondo, among some of its more notable partnerships.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bullish news was not enough to boost Sei\u2019s price today. On Thursday, Nov. 6, Sei Network announced that Binance will join it as a validator to help secure transactions. Despite&hellip;<\/p>\n","protected":false},"author":1,"featured_media":15401,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15400","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=15400"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15400\/revisions"}],"predecessor-version":[{"id":15402,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15400\/revisions\/15402"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/15401"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=15400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=15400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=15400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}