Sei Builder Office Hours: Discussing SIP-3

Sei Network (@SeiNetwork) announced a community-driven Builder Office Hours on the @BuildwithSei X account, set for May 14, 2025. The focus? SIP-3, a proposal by Sei Labs to streamline Sei’s architecture by phasing out CosmWasm support and fully committing to the Ethereum Virtual Machine (EVM). This aims to simplify infrastructure, boost developer experience, and maximize Sei’s parallelized EVM performance as it pushes toward its “Giga” roadmap goals. Expect a detailed discussion with Q&A, giving the community a chance to shape Sei’s future through the Sei Improvement Proposal (SIP) process [Sei Network X Post].

Recent News

Sei has been making waves lately. In December 2024, the Giga Roadmap was unveiled, targeting a 50x EVM performance boost to hit 5 gigagas per second by Q1 2025—aiming to rival web2 speeds [blog.sei.io]. The Sei Foundation also funded a U.S.-based non-profit, the Sei Development Foundation, to drive ecosystem growth [blog.sei.io]. These moves show Sei’s commitment to scaling and developer support, setting the stage for SIP-3.

Future Plans

SIP-3 is a stepping stone to Sei’s broader vision: becoming the most performant EVM blockchain. Post-transition, only EVM addresses will initiate transactions, and features like staking will still work via precompiles. The Giga upgrade will further optimize execution, consensus, and storage, positioning Sei as a go-to for decentralized exchanges (DEXes) with faster, cheaper transactions [Altcoin Buzz, 2025-05-08].

Onchain Data

SeiScan analytics reveal that over 85% of Sei’s transaction volume now comes from EVM addresses, justifying the EVM-only pivot. Sei’s price sits at $0.1979 with a 24-hour trading volume of $59.1M as of May 8, 2025 [CoinMarketCap].

Community Sentiment

X reactions are mixed but engaged. Users like @SunitKaur639592 call Sei a “great project,” while @0xFiRed jokingly tells Sei to “go to sleep.” The community is eager to join the May 14 discussion, with @Effiongmoses13 saying, “SEI lives on.”

Why It Matters

This shift could make Sei a top choice for EVM developers, especially for DEX-focused apps, by reducing complexity and boosting speed. With 80-90% of crypto devs already in the EVM ecosystem, Sei’s pivot aligns with market trends [blog.sei.io].

Risk Disclaimer: Network transitions can lead to volatility; ensure you’re updated on SIP-3’s milestones before making moves.