HomeNewsSei Governance Eyes EVM-Only Migration, Phasing Out Native Cosmos Accounts

Sei Governance Eyes EVM-Only Migration, Phasing Out Native Cosmos Accounts

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  • MetaMask integrates Sei Layer 1, broadening user access and DeFi pathways; governance debates EVM-only shift over Cosmos accounts.
  • August 15 token unlock releases 55.56 million SEI, potentially increasing liquidity and short-term volatility across spot markets activity.

Sei Network (SEI) is trading at $0.3112, with a market capitalization of $1.80 billion and a 24-hour trading volume of $197.8 million. The token has gained 2% in the last 24 hours but remains down 21.46% year-to-date after a volatile 2025.

SEIUSDT_2025-08-12_12-59-45
Source: SEI/Tradingview

Over the past year, however, SEI has posted a 15.88% gain, supported by network upgrades and growing ecosystem adoption.

From a technical perspective, SEI is bouncing from a key support zone near $0.30, which recently acted as a resistance-turned-support level. Short-term price sentiment is bullish, with traders eyeing a breakout toward the $0.35 and $0.50 resistance levels, driven by repeated rebounds from Fibonacci retracement zones.

SEIUSDT_2025-08-12_13-02-45
Source: SEI/Tradingview

However, failure to maintain $0.30 could lead to a retest of the $0.27 range before attempting another push upward.

In the ecosystem, Sei has made major integration moves. MetaMask recently added support for Sei’s Layer 1 blockchain, a significant milestone that expands user accessibility and DeFi potential.

On the governance front, the community is actively debating a proposal to deprecate native Cosmos accounts in favor of an EVM-only model, which would streamline interoperability with Ethereum-based protocols.

A notable short-term event is the upcoming 55.56 million SEI token unlock on August 15, 2025, which could inject additional liquidity and potentially create short-term volatility.

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Isai Alexei
Isai Alexei
As a content creator, Isai Alexei holds a degree in Marketing, providing a solid foundation for the exploration of technology and finance. Isai's journey into the crypto space began during academic years, where the transformative potential of blockchain technology was initially grasped. Intrigued, Isai delved deeper, ultimately making the inaugural cryptocurrency investment in Bitcoin. Witnessing the evolution of the crypto landscape has been both exciting and educational. Ethereum, with its smart contract capabilities, stands out as Isai's favorite, reflecting a genuine enthusiasm for cutting-edge web3 technologies. Business Email: [email protected] Phone: +49 160 92211628
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