Sei Blockchain Shifts Focus: Embracing EVM and Declining Cosmos Support

The Sei blockchain is making waves in the cryptocurrency world with its recent proposal to eliminate support for Cosmos and exclusively focus on Ethereum’s Virtual Machine (EVM). This strategic shift aims to streamline Sei’s design, enhance the developer experience, and fully leverage the network’s high throughput capabilities. Sei has garnered substantial market interest, with a notable 72% surge in value over the past few weeks, reflecting growing investor confidence and user engagement.

Rationale Behind the Shift to EVM

In an announcement made on May 7, Sei expressed its intent to transition away from Cosmos compatibility. The engineering lead at Sei Labs, Philip Su, stressed that the existing dual-support framework created an infrastructure burden and complicated the codebase. By concentrating solely on EVM, Sei hopes to simplify its architecture, allowing for more efficient development processes. This is pivotal as the blockchain aims to scale towards its ambitious Gigabyte network model, emphasizing a robust parallel transaction handling mechanism unique to Sei.

User Trends: EVM vs. Cosmos

The decision to pivot towards an EVM-only model isn’t without its grounding in user data. Statistical insights from Dune Analytics reveal that, at its peak in December 2024, EVM users on Sei outnumbered Cosmos users by a staggering factor of 162. This trend continued into April 2025, with Sei witnessing 2.5 times more EVM users than those utilizing Cosmos. Such data underscores the superior adoption rates of EVM-compatible applications compared to Cosmos, prompting Sei’s team to align its operational focus with where the user interest lies.

Community Reactions: Support and Concerns

Despite a solid case for the transition, community reactions have been mixed. While many users support the proposal based on the evident disparity in user numbers, concerns have emerged regarding the implications for those who have already invested and built on the Cosmos platform. Users like Wangman expressed worries about the bridge for transitioning assets, particularly stating, “Hope they build a bridge for those who have built on the OG side.” This highlights the critical need for Sei to address migration tools that ensure smooth transitions for existing Cosmos users, safeguarding their investments and creations.

Growth Metrics: Total Locked Value and User Influx

Sei’s shift to an EVM-centric approach is already boosting investor confidence, with critical growth metrics indicating a positive trend. The Total Locked Value (TVL) in Sei has experienced a threefold increase, soaring from $160 million in October 2024 to an impressive $480 million by May 2025. Additionally, a surge in user numbers from 35,000 to 85,000 within a mere three weeks reflects growing enthusiasm around Sei’s ecosystem. This notable uptick in activity aligns well with the price of Sei, which has surged 72% since April lows, now hovering around the $0.22 mark.

Price Action and Future Prospects

While Sei experienced minor price corrections in May, upward momentum has been held at critical support levels between $0.18 and $0.20. Analysts speculate that if this support holds firm, a further rally could push the price towards the $0.25 mark. This potential trajectory reflects the optimism surrounding Sei’s EVM-focused strategy, as investors anticipate increased utility and market interest, further solidifying Sei’s position in the competitive blockchain landscape.

Conclusion: The Road Ahead for Sei Blockchain

Sei’s proposed transition to an EVM-only model marks a significant pivot in its strategy, aiming to enhance developer experience while optimizing its infrastructure. The blockchain’s commitment to simplifying its design aligns with user trends favoring EVM adoption, thus positioning Sei to capitalize on emerging market opportunities. However, as Sei navigates this change, addressing community concerns surrounding asset migration and ensuring a smooth transition for existing users will be crucial. With a tripled TVL and a substantial uptick in new users, Sei is poised for exciting growth in the rapidly evolving blockchain ecosystem.