Sei Labs Ditches Cosmos Support, Focuses Entirely on Ethereum EVM

Sei Labs has made a major shift in its strategy by fully adopting Ethereum’s EVM (Ethereum Virtual Machine), effectively eliminating support for the Cosmos blockchain. This move marks a significant change in their technological direction and could have far-reaching implications across various cryptocurrency sectors. Co-founders Jay Jog and Jeff Feng revealed that this transition aims to deliver enhanced user and developer experiences, paving the way for Sei’s Giga upgrade. 7% increase in SEI token value reflects market optimism regarding this strategic shift, signifying investor confidence in Sei Labs’ future.