Market Cap: $2.179T -0.42%
Volume(24h): $66.8399B 6.89%
  • Market Cap: $2.179T -0.42%
  • Volume(24h): $66.8399B 6.89%
  • Fear & Greed Index:
  • Market Cap: $2.179T -0.42%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$87959.907984 USD

1.34%

ethereum
ethereum

$2920.497338 USD

3.04%

tether
tether

$0.999775 USD

0.00%

xrp
xrp

$2.237324 USD

8.12%

bnb
bnb

$860.243768 USD

0.90%

solana
solana

$138.089498 USD

5.43%

usd-coin
usd-coin

$0.999807 USD

0.01%

tron
tron

$0.272801 USD

-1.53%

dogecoin
dogecoin

$0.150904 USD

2.96%

cardano
cardano

$0.421635 USD

1.97%

hyperliquid
hyperliquid

$32.152445 USD

2.23%

bitcoin-cash
bitcoin-cash

$533.301069 USD

-1.94%

chainlink
chainlink

$12.953417 USD

2.68%

unus-sed-leo
unus-sed-leo

$9.535951 USD

0.73%

zcash
zcash

$521.483386 USD

-2.87%

Cryptocurrency News Articles

Sei [SEI] Blockchain Proposes to Drop Cosmos Compatibility and Focus on Ethereum's EVM

May 09, 2025 at 02:00 pm

Sei [SEI] Blockchain Proposes to Drop Cosmos Compatibility and Focus on Ethereum's EVM

The Sei [SEI] blockchain has proposed dropping support for Cosmos and focusing only on Ethereum’s EVM (Ethereum Virtual Machine) model.

In an X post on the 7th of May, the blockchain said the proposal was aimed at enhancing developer experience and simplifying its design.

“This proposal aims to enhance developer experience, simplify infrastructure, and fully leverage Sei’s parallelized EVM performance as the network builds toward Giga.”

Sei is one of the high-ranking blockchains in terms of throughput, thanks to its parallel transaction handling design.

Since 2024, it has supported Cosmos and EVM users and enabled interoperability between applications and protocols across the two systems.

However, according to Philip Su, Sei Labs’ engineering lead, the current design has led to an infrastructure burden and complex codebase.

Besides, the team argued that the EVM usage was comparatively higher than Cosmos. Per Dune Analytics data, at the peak of December 2024, there were 162x (324,000 users) more EVM users than Cosmos (2000).

Source: Dune Analytics

In April 2025, there were 2.5x more Sei EVM users than Cosmos. Overall, EMV outpaced Cosmos users.

However, the community reactions were mixed. Some supported the proposal, citing the above low Cosmos usage. But some were worried about how they would bridge their Cosmo-based crypto assets.

One user, Wangman, implored,

“Hope they build a bridge for those who have built on the OG side. Our entire collection isn’t on EVM. Would this proposal create a tool for migration? Our collection, our staking system.”

That said, Sei has seen increased investor confidence, going by the growth in TVL (total locked value).

Per DeFiLlama, the TVL has tripled from $160 million to $480 million between October 2024 and May 2025.

Source: DeFiLlama

The altcoin’s market interest has also improved. According to Dune Analytics, new Sei users surged from 35K to 85K in the past three weeks.

This growth was reflected in the price, too, which rallied 72% from the April lows to over $0.22.

Although it gave back some gains in May, bulls defended the $0.18-$0.20 support. If the level holds, an extended rally to $0.25 could be feasible.

Source: SEI/USDT, TradingView

Original source:ambcrypto

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jul 31, 2026