Sei’s Bold EVM-Only Move: Cosmos Who?

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  • Sei says, “Goodbye Cosmos, hello EVM!” because who needs complexity, right?
  • In the past three weeks, Sei went on a wild 72% rally. Coincidence? Probably not.

So, Sei’s got a big idea: scrap the whole Cosmos thing and just stick with Ethereum’s EVM model. Makes sense, right? More streamlined, more efficient—who’s got time for unnecessary baggage?

On May 7th, they posted a little something on X (formerly Twitter), letting everyone know their plan to “simplify” and “enhance developer experience” while they build toward something called Giga. Big dreams, big plans.

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

Sei’s EVM-Only Plan: The Plot Twist You Didn’t See Coming

Let’s break it down: Sei’s pretty high up on the blockchain food chain, thanks to its parallel transaction system. Seriously, this blockchain can handle more transactions than you can handle your crypto portfolio.

But, surprise, surprise—Sei’s been juggling Cosmos and EVM users since 2024. Not exactly the perfect match. The result? A “complex” codebase, says Philip Su from Sei Labs. Who would’ve thought that trying to support two systems might get a little messy?

Here’s the kicker: More people are using EVM. Back in December 2024, EVM users outnumbered Cosmos by 162 times. You heard that right—162 times! Don’t believe me? Check out Dune Analytics. It’s like the Cosmos users got lost somewhere on their way to the blockchain party.

Fast forward to April 2025, and EVM still dominates. But, of course, some folks are a little upset. Not everyone loves change, especially when their assets are stuck on the “OG” Cosmos side.

One concerned user, Wangman (yes, that’s their name), said:

“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.”

And hey, Sei’s not just pushing forward without any love. Investor confidence is up, and the Total Locked Value (TVL) has tripled from $160 million to $480 million. That’s growth that even Larry David could appreciate—if he cared about crypto.

Sei’s user base is also growing—surging from 35K to 85K in just three weeks. Everyone’s jumping on the Sei train. It’s like the crypto equivalent of a flash sale on discounted socks. Get ‘em while they last!

And, surprise, surprise, the price is up by 72%. Not too shabby, right? Although it did drop a bit in May, the bulls are holding strong. If $0.18-$0.20 holds, we might see Sei rise to $0.25. And that, my friends, could be a juicy ride.

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2025-05-09 09:37