according to the materials from the site - By ETHNews

The Sei management is considering a transition only to EVM, gradually abandoning its own Cosmos accounts

The Sei network (SEI) is trading at $0.3112, with a market capitalization of $1.80 billion and a daily trading volume of $197.8 million. Over the past 24 hours, the token's price has increased by 2%, but since the beginning of the year, it has decreased by 21.46% after an unstable 2025.

However, over the past year, SEI has shown a growth of 15.88%, driven by network upgrades and increasing adoption of the ecosystem.
From a technical perspective, SEI is bouncing off a key support zone near $0.30, which recently served as a resistance level that has now become support. Short-term price sentiment is optimistic: traders expect a breakout of resistance levels at $0.35 and $0.50, prompted by multiple bounces from Fibonacci correction zones.

However, if the price does not hold above $0.30, it may lead to a retest of the $0.27 range before attempting to rise again.

In the Sei ecosystem, important steps have been taken towards integration. MetaMask recently added support for the Level 1 Sei blockchain, which is a significant achievement that expands user access and DeFi potential.
Regarding governance, the community is actively discussing a proposal to abandon support for native Cosmos accounts in favor of a model based solely on EVM, which would simplify interaction with Ethereum-based protocols.
A significant short-term event will be the upcoming unlocking of 55.56 million SEI tokens on August 15, 2025, which may attract additional liquidity and potentially create short-term volatility.