hodler

28 May 2026, 03:00

SEI jumps 15% – Assessing if rising whale activity could push price to $0.08

SEI gains momentum as whale activity rises across markets and volume surges, with price now pushing toward key liquidity at the $0.08 resistance level.

27 May 2026, 18:37

SEI crypto price rises ahead of June 1 SEIEVM migration: the key levels to watch

Sei’s native token, SEI, has gained momentum in the final days leading up to the network’s planned SEIEVM migration on June 1. The token has climbed more than 11% over the past 24 hours to trade near $0.069, while weekly gains have exceeded 13% as traders position themselves ahead of the upgrade. Trading activity has also picked up sharply, with daily volume surging above $168 million, reflecting increased interest from short-term traders and investors closely watching the ecosystem transition. SEIEVM migration The June 1 migration has become the central focus for SEI traders this week. The update is designed to strengthen Sei’s Ethereum Virtual Machine compatibility, allowing developers and users to interact more easily with Ethereum-based applications and liquidity. Crypto exchange Binance confirmed support for the migration two days ago, helping fuel renewed interest in the token. The transition is expected to improve interoperability across decentralized finance applications while making the network more accessible to Ethereum developers. At the same time, traders are also monitoring the upcoming “Giga” upgrade, which aims to significantly increase network throughput and reduce transaction finality times. The Sei team previously said the upgrade targets throughput above 200,000 transactions per second with finality below 400 milliseconds. Technical indicators show improving momentum Sei’s rally follows a difficult stretch for the token earlier this year. SEI touched a low of $0.0485 in March before rebounding more than 43% from those levels. The recovery has pushed the token near the upper end of its recent trading range between $0.0639 and $0.0727. Although SEI remains far below its all-time high of $1.14 reached in March 2024, recent price action suggests traders are beginning to price in expectations tied to the upcoming migration and broader network improvements. On the daily chart, SEI has reclaimed its 10-day, 20-day, and 50-day exponential moving averages, signaling strengthening short-term momentum. However, the token continues trading below the 100-day and 200-day EMAs, indicating the broader long-term trend has not fully turned bullish. Momentum indicators also remain supportive without showing signs of extreme overheating. The Relative Strength Index on the daily timeframe stands at 60.30, placing SEI in neutral-to-bullish territory rather than overbought conditions. Meanwhile, the weekly RSI remains near 35.8, signaling that SEI may still have room for additional recovery if buying pressure continues. SEI price analysis SEI crypto price forecast The first major resistance level sits near $0.0713. SEI would likely need a confirmed close above that level to maintain bullish momentum. A breakout there could open the door toward the next resistance zone around $0.07581. Beyond that area, traders will likely monitor the psychological $0.10 level, which has increasingly emerged as a medium-term upside target during the current recovery phase. On the downside, immediate support is forming around $0.06342. A break below that level could weaken short-term momentum and expose the token to another decline, particularly if broader crypto market conditions soften. The post SEI crypto price rises ahead of June 1 SEIEVM migration: the key levels to watch appeared first on Invezz

26 May 2026, 03:45

Binance to Support Sei Network Migration to SEIEVM, Suspends Legacy Chain Transactions

BitcoinWorld Binance to Support Sei Network Migration to SEIEVM, Suspends Legacy Chain Transactions Binance, the world’s largest cryptocurrency exchange by trading volume, has confirmed its support for the Sei (SEI) network’s upcoming migration to SEIEVM. The exchange announced that deposits and withdrawals of tokens on the existing SEI network will be temporarily suspended starting at 8:00 a.m. UTC on June 1. Understanding the Sei to SEIEVM Migration Sei is a Layer 1 blockchain designed specifically for trading applications, known for its high-speed order matching and parallelized execution. The migration to SEIEVM represents a significant technical upgrade, transitioning the network to become compatible with the Ethereum Virtual Machine (EVM). This shift is intended to broaden Sei’s interoperability with the wider Ethereum ecosystem, allowing developers to deploy existing Ethereum-based smart contracts on the Sei network with minimal modifications. The move is part of Sei’s broader roadmap to enhance its DeFi and application layer, attracting more developers and liquidity by bridging the gap between its native architecture and Ethereum’s vast tooling and user base. For token holders, the migration will involve a chain swap, where SEI tokens on the legacy network will be transitioned to the new SEIEVM chain. Timeline and Impact on Binance Users Binance’s suspension of deposits and withdrawals on the existing SEI network at 8:00 a.m. UTC on June 1 is a standard precautionary measure during network upgrades. The exchange has stated that it will handle all technical requirements for users, meaning individual token holders on Binance will not need to take any immediate action. The exchange will manage the migration of SEI balances internally. Users who hold SEI tokens in external wallets, however, should pay close attention to the official Sei network announcements regarding the exact migration window and any required steps to ensure their tokens are properly migrated to the new SEIEVM chain. Trading of SEI tokens on Binance’s spot market is expected to continue as normal during the migration process, though users should verify this closer to the date. Why This Matters for the Crypto Ecosystem Network migrations are critical events in the blockchain space, often carrying both technical risks and opportunities. For Sei, the shift to EVM compatibility is a strategic move to increase its relevance in a market dominated by Ethereum-compatible chains. A successful migration could unlock new capital inflows and developer activity, while any technical hiccups could temporarily affect user confidence. For Binance, supporting such migrations efficiently reinforces its role as a central hub for blockchain infrastructure, ensuring its users can navigate network upgrades with minimal friction. The exchange’s proactive communication about the suspension window helps traders and holders plan accordingly, reducing the risk of lost funds during the transition. Conclusion Binance’s support for the Sei network’s migration to SEIEVM is a clear signal of the exchange’s commitment to facilitating major blockchain upgrades. The temporary suspension of legacy chain transactions on June 1 is a routine but necessary step to ensure a smooth transition. Users are advised to stay informed through official Binance and Sei channels, particularly those holding tokens in non-custodial wallets. The migration is expected to strengthen Sei’s position as a leading Layer 1 chain for trading applications by embracing Ethereum’s ecosystem compatibility. FAQs Q1: What is the Sei to SEIEVM migration? The migration is a network upgrade that transitions the Sei blockchain to become compatible with the Ethereum Virtual Machine (EVM), allowing it to run Ethereum-based smart contracts and interact more seamlessly with the Ethereum ecosystem. Q2: Do I need to do anything if I hold SEI on Binance? No. Binance has stated it will handle the technical aspects of the migration for tokens held on its platform. Users do not need to take any action, though it is always wise to monitor official announcements. Q3: Will SEI trading be affected during the migration? Binance has indicated that spot trading of SEI is expected to continue normally. However, deposits and withdrawals on the legacy SEI network will be suspended from 8:00 a.m. UTC on June 1 until the migration is complete. This post Binance to Support Sei Network Migration to SEIEVM, Suspends Legacy Chain Transactions first appeared on BitcoinWorld .

25 May 2026, 04:58

Sei’s EVM-Only Bet: Why Cutting Cosmos Support Could Make or Break SEI

One repo update, one sentence in a roadmap, and a whole developer base starts weighing painful choices: rewrite, migrate, or sunset. That’s the mood when an appchain signals it could go EVM-only. Sei, a Cosmos-born chain that marketed itself around speed and trading, has floated an EVM-first future with ambitions of parallelizing Ethereum smart contracts. The loud question is whether this means cutting Cosmos smart contract support—and if so, what that would unlock or break. For teams shipping today, the implications are immediate: contracts to port, wallets to reconfigure, liquidity to shepherd, and a community to reassure. The Big Picture Across crypto, gravity pulls toward the EVM. Tooling, liquidity, and developer mindshare still concentrate around Ethereum-compatible environments, from mainnet to the major L2s. Cosmos brought modularity, sovereignty, and IBC—yet many sovereign chains now face a strategic fork: interoperate with EVM natively or risk a thinner builder and user pipeline. The strategic bet: trade Cosmos-native flexibility for EVM network effects, chasing a bigger addressable market—even if it alienates part of the original base. Why now? Because L2s have raised the bar on speed and UX, and builders expect EVM tooling out of the box. Who’s affected? CosmWasm developers on Sei, validators and indexers maintaining infra, bridge providers, market makers, and users who rely on IBC-linked liquidity. From Cosmos-born to EVM-native: how we got here Sei launched as a Cosmos SDK chain with fast finality and a trading-first narrative. Over time, the team introduced performance features and signaled a stronger EVM roadmap—pitching an EVM implementation that aims to run contracts in parallel while keeping low-latency confirmation. In practical terms, the pitch is simple: if builders can deploy Solidity contracts without friction, dApp portability skyrockets. The flip side: CosmWasm—Cosmos’ smart contract engine—could become second-class or phased out. That’s the heart of today’s debate. What “EVM-only” actually means on Sei “EVM-only” can mean different things depending on what stays and what gets deprecated. For Sei, market watchers interpret it in three layers: execution, interoperability, and tooling. Execution layer: prioritize the EVM runtime, potentially sunsetting CosmWasm and associated modules. Interoperability: keep IBC for asset movement and chain connectivity, or narrow its role if it complicates the EVM pipeline. Tooling surface: adopt EVM-native RPCs, indexing, and wallets; reduce first-class support for Cosmos-only tools. Whether IBC remains central matters. An EVM-only chain that still speaks IBC can retain Cosmos liquidity pathways; without it, Sei risks isolating from appchains where it once had an edge. Official docs and upgrade notes should be the source of truth for final scope and timelines ( docs.sei.io ). Developer trade-offs: tooling, performance, and cost Developers choose platforms for predictable deploys, liquidity access, and operational simplicity. Here’s how the trade-offs often line up in an EVM-only pivot. Tooling and portability EVM gives immediate access to popular frameworks like Hardhat and Foundry, standard RPC methods, and established indexers. For many teams, that’s 80% of the migration work solved. CosmWasm offers safety features and Rust ergonomics, but its learning curve and smaller talent pool can slow hiring and audits. Execution and performance claims Sei’s thesis pairs the EVM with parallel execution under the hood to reduce contention and raise throughput. Parallelization typically shines with non-overlapping state access patterns, but beware: workloads with high shared state (e.g., hot token pairs on DEXs) may still hit bottlenecks. The engineering detail that matters is conflict detection and scheduling—how the runtime prevents double-spends and resolves concurrent writes. Fees, MEV, and UX EVM-only simplifies gas economics for Solidity dApps and enables standard MEV tooling and protections. But it also imports EVM’s MEV dynamics: bundle markets, searchers, and the risk of toxic flow if order flow is not well protected. Cosmos-native routes sometimes insulated apps via custom modules; EVM uniformity trades that for familiarity. DimensionEVM on SeiCosmWasm on Sei (status if kept)Language & toolingSolidity, Vyper; Hardhat/Foundry; broad auditor poolRust; CosmWasm toolchain; smaller auditor poolPortabilityHigh (Ethereum/L2 dApps portable)Moderate (Cosmos-first portability)Performance modelParallelized EVM claims; optimistic execution pathsDeterministic VM; may require bespoke optimizationsMEV toolingEstablished relays/bundlers; shared patterns with L2sLess standardized; more chain-specificInteroperabilityBridges to EVM L1/L2; potentially IBC if retainedIBC-native; bridges as needed Liquidity and users: where volumes could shift Liquidity follows familiarity and incentives. An EVM-only Sei could integrate easily with EVM bridges, route order flow via common interfaces, and attract market makers who already run on Ethereum L2s. But volumes from Cosmos-specific venues might taper if the on-ramp becomes clunkier. How liquidity typically migrates Bridges and wrappers list SEI and key assets on EVM rails. DEXs and perp venues launch with incentives that offset switching costs. Market makers deploy standardized EVM bots and risk models. Wallet UX converges on MetaMask and major EVM wallets. IBC-dependent flows either adapt (if IBC stays) or decay (if not). If Sei keeps IBC, cross-ecosystem routing can remain a differentiator—especially for assets native to Cosmos. If IBC is deemphasized, Sei must fully outcompete L2s on execution and incentives to win sticky liquidity. Governance, validators, and infra Upgrades that change the execution stack ripple through validators, indexers, explorers, and custody providers. Expect several moving parts: Node operators may need hardware, config, and snapshot changes as the EVM runtime becomes dominant. Indexers and data pipelines must update schemas and ETL to support EVM traces, logs, and standard event patterns. Explorers and custody: support for EVM-style addresses and signing flows can streamline institutional integration, but deprecating Cosmos-only features could break legacy tooling. Governance: token holders will weigh trade-offs between Cosmos identity and broader EVM reach. Proposals should include clear migration guides and sunset windows for builders. For SEI holders, the outcomes depend on adoption and retention. A smooth transition could deepen liquidity and listings; a fractured one could drain mindshare. Neither path is guaranteed; both require sustained delivery. Competitive map: L2s, Solana, and other appchains Sei’s EVM-only posture drops it into a crowded arena. The strongest competitors are Ethereum L2s with massive builder pipelines, Solana with high-throughput monolithic execution, and Cosmos appchains that lean into IBC and CosmWasm. CategoryWhat Sei aims to offerWho already does it wellImplicationEVM L2-like UXSolidity deploys, fast finality, parallel executionArbitrum, Optimism stack, Base, zkSync-era competitorsMust match tooling depth and incentive designHigh-throughput tradingThroughput for perps/DEXs with low latencySolana ecosystem DEXs, specialized enginesExecution path and MEV handling are decisiveInterchain reachIBC access to Cosmos assets (if retained)Neutron, Osmosis, Injective, Cosmos-native hubsRetaining IBC could be a key differentiatorAppchain sovereigntyControl over parameters, fee markets, upgradesCosmos appchains and rollup-as-a-service stacksNeeds a crisp story vs. modular L2 frameworks Risks & What Could Go Wrong Community split: CosmWasm teams may migrate to Cosmos-native chains, shrinking Sei’s non-EVM pipeline. IBC whiplash: if interchain connectivity is reduced, cross-chain liquidity and UX can suffer, isolating Sei during a crucial growth phase. Migration bugs: contract ports and bridge integrations introduce smart-contract risk; audits and staged rollouts are essential. Validator economics: infra changes without commensurate activity could stress operators and degrade network resilience. MEV externalities: importing EVM orderflow without robust protections can harm users and DEXs via sandwiching and toxic flow. Competitive squeeze: EVM-only puts Sei head-to-head with well-capitalized L2s that already have deep liquidity and BD pipelines. Regulatory and custody friction: address formats, custody workflows, and chain support updates can lag, slowing institutional uptake. No pivot is free: the real risk is drifting into a middle ground—too EVM to delight Cosmos natives, not differentiated enough to win EVM power users. For ongoing coverage and data-informed context across L1s, L2s, and appchains, Crypto Daily tracks ecosystem pivots and upgrade roadmaps—follow analyses and news at cryptodaily.co.uk . Frequently Asked Questions Is Sei definitively dropping Cosmos smart contracts? Sei has signaled an EVM-first direction and may reduce or sunset CosmWasm support. Final scope depends on official governance and upgrade decisions. Always verify details in the project’s announcements and documentation. Will IBC remain if Sei becomes EVM-only? It could. EVM-only refers primarily to the execution and tooling surface. Whether IBC persists is an architectural and strategic choice. If retained, IBC can keep Cosmos asset flows active; if not, Sei will lean entirely on EVM bridges. What happens to existing CosmWasm dApps on Sei? If CosmWasm is deprecated, teams will need to migrate—either by rewriting in Solidity for Sei’s EVM or relocating to Cosmos-native chains that maintain CosmWasm. Expect migration windows and tooling if deprecation proceeds. How hard is it to port from CosmWasm to Solidity? It varies. Straightforward token or DEX components may port with moderate effort; complex modules and bespoke logic require redesign and new audits. Teams should budget for testing, security reviews, and user migration plans. Will gas tokens, addresses, or wallets change? The gas token is expected to remain SEI, but wallet flows and addresses may shift toward EVM conventions. Users should rely on updated wallet integrations and official guides before moving funds. Could an EVM-only pivot improve liquidity? It could, if the chain attracts EVM-native dApps, market makers, and bridges. However, gains are not guaranteed and may be offset by outflows from Cosmos-native users if interchain routes weaken. Is this investment advice? No. Network pivots carry technical, market, and governance risks. Do your own research, use official sources for timelines, and consider contract, bridge, and custody risks before deploying capital. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.