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

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