Hassan Maishera
On Tuesday, the Sei team announced via X that SIP-3 wallet upgrades are now live, a major milestone on the road to Sei Giga. Due to this upgrade, all Sei Network users with Cosmos-only wallets must upgrade their wallets to use a new EVM address.
According to Sei, Sei Giga will redefine EVM performance, achieving sub-400ms finality and 5 gigabits per second throughput (~200k TPS).
Sei is a high-speed Layer 1 blockchain tailored for the digital asset boom, from NFTs to DeFi. The blockchain intends to unlock a brand-new design space for consumer-facing applications. Its native coin, SEI is down 3.8% in the last 24 hours and is now trading at $0.1953 per coin.
