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$SEI Gains 14% as Sei Network Proposes SIP-3 to Become Fully EVM-Compatible


by Anisha Pandey
for CoinEdition
SEI token gains 14% as Sei pushes SIP-3 for EVM-only transition
  • Sei Network proposes SIP-3 to deprecate Cosmos and move fully to EVM-only design
  • SEI token spikes 14% to $0.2315 with bullish RSI and breakouts above key Fib levels
  • Developers to migrate dApps as Sei drops dual-address architecture for EVM-native UX

Sei Labs has put forth a major proposal, SIP-3, to turn the Sei network into an EVM (Ethereum Virtual Machine) only chain. The Sei Network team, via a post on X, stated this move intensifies its focus on performance, simplicity, and developer usability, which involves deprecating its legacy Cosmos architecture.

Sei’s Proposed EVM-Only Bet: Rationale and Impact

Jayendra Jog, co-founder of Sei Labs, detailed the strategy behind SIP-3 in a separate X post. He emphasized that dominant EVM activity already drives nearly all current usage on Sei, prompting the proposal for a full transi…

The post $SEI Gains 14% as Sei Network Proposes SIP-3 to Become Fully EVM-Compatible appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Altcoin Emissions Under Scrutiny as TGE Events Shape Market Behavior

Altcoin Emissions Under Scrutiny as TGE Events Shape Market Behavior

Altcoin supply dynamics have taken center stage in recent months, as key Token Genera...
SUI Jumps 7%, Is This a Prelude to a Bigger Pump or Just a Temporary Pause?

SUI Jumps 7%, Is This a Prelude to a Bigger Pump or Just a Temporary Pause?

The crypto market’s recent recovery attempt has brought in a green wave across the as...

$SEI Gains 14% as Sei Network Proposes SIP-3 to Become Fully EVM-Compatible


by Anisha Pandey
for CoinEdition
SEI token gains 14% as Sei pushes SIP-3 for EVM-only transition
  • Sei Network proposes SIP-3 to deprecate Cosmos and move fully to EVM-only design
  • SEI token spikes 14% to $0.2315 with bullish RSI and breakouts above key Fib levels
  • Developers to migrate dApps as Sei drops dual-address architecture for EVM-native UX

Sei Labs has put forth a major proposal, SIP-3, to turn the Sei network into an EVM (Ethereum Virtual Machine) only chain. The Sei Network team, via a post on X, stated this move intensifies its focus on performance, simplicity, and developer usability, which involves deprecating its legacy Cosmos architecture.

Sei’s Proposed EVM-Only Bet: Rationale and Impact

Jayendra Jog, co-founder of Sei Labs, detailed the strategy behind SIP-3 in a separate X post. He emphasized that dominant EVM activity already drives nearly all current usage on Sei, prompting the proposal for a full transi…

The post $SEI Gains 14% as Sei Network Proposes SIP-3 to Become Fully EVM-Compatible appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Altcoin Emissions Under Scrutiny as TGE Events Shape Market Behavior

Altcoin Emissions Under Scrutiny as TGE Events Shape Market Behavior

Altcoin supply dynamics have taken center stage in recent months, as key Token Genera...
SUI Jumps 7%, Is This a Prelude to a Bigger Pump or Just a Temporary Pause?

SUI Jumps 7%, Is This a Prelude to a Bigger Pump or Just a Temporary Pause?

The crypto market’s recent recovery attempt has brought in a green wave across the as...