The post Sei Network Nears Giga Upgrade as SIP-3 Enters Final Phase appeared on BitcoinEthereumNews.com. Sei Network enters the final phase of SIP-3, laying theThe post Sei Network Nears Giga Upgrade as SIP-3 Enters Final Phase appeared on BitcoinEthereumNews.com. Sei Network enters the final phase of SIP-3, laying the

Sei Network Nears Giga Upgrade as SIP-3 Enters Final Phase

  • Sei Network enters the final phase of SIP-3, laying the groundwork for its high-performance Giga upgrade.
  • The network is moving to an EVM-only model to cut complexity and improve speed and scalability.
  • With Giga teased as coming soon, focus shifts to execution and long-term Layer-1 ambitions.

Sei Network is getting closer to its long-awaited Giga upgrade, and developers say the final technical work has begun. While many users are watching for the launch date, the team says the most important progress is happening behind the scenes with SIP-3, a major upgrade that changes how the network works.

SIP-3: Clearing the Path for Sei Giga

In his latest update, co-founder Jayendra Jog said SIP-3 aims to simplify how Sei works at its core. Instead of supporting both EVM and Cosmos transactions, the network will move to an EVM-only setup.

This means Sei will remove a lot of old, complex code linked to Cosmos and CosmWasm. By cutting this extra baggage, the network can run more efficiently and scale performance further.

Notably, the Sei community approved this upgrade last May, and it’s now being introduced in stages.

What EVM-Only Really Means for Sei

Once SIP-3 is fully in place, only EVM addresses will be able to send transactions on Sei, and Cosmos-based transactions will be phased out.

While this may seem like a small change, it’s a big shift. By focusing only on the EVM, Sei can better optimize performance, tools, and infrastructure. The team says this streamlined approach is what enables the Giga upgrade.

Sei aims to become a fully EVM-only chain by mid-2026, with most of SIP-3 finished by the end of Q1 2026.

Network Releases and Timeline

SIP-3 will roll out through several protocol updates:

  • v6.3 (Testnet – Jan–Mar): Adds full staking through the EVM and lets indexers and custodians track staking using EVM APIs.
  • v6.4 (Testnet – Jan–Mar): Allows Sei to block inbound IBC transfers, stopping Cosmos-based assets from being bridged in.

Later updates will also shut down outbound IBC transfers and replace Sei’s native oracle with established providers like Chainlink, API3, and Pyth. These changes will go live on mainnet only after governance approval and are expected around the end of Q1 2026.

Important Actions for Sei Users

The SIP-3 upgrade includes important warnings for some users:

  • USDC.n holders should switch to native USDC, or risk losing access once IBC transfers are turned off.
  • Other IBC assets, such as ATOM, should be moved off Sei before the mainnet changes.
  • DeFi users relying on IBC tokens are advised to close those positions early.

Sei Labs suggests using third-party tools like Skip:Go to manage the transition, while reminding users to do their own research.

Sei Giga and the 200,000 TPS Goal

With SIP-3 acting as the “weight reduction” phase, Sei Giga represents the next step: pushing throughput toward the 200,000 transactions-per-second range.

Community leaders describe SIP-3 as a performance reset rather than a routine upgrade. By removing complexity and focusing on a single design, Sei believes it can scale more efficiently than other high-TPS chains that still rely on layered architectures.

Designing for a Post-Quantum Future

Beyond speed, parts of the Sei community are already looking at long-term security as the network scales. One topic gaining attention is post-quantum cryptography, which uses much larger signatures and higher verification costs—something that can strain high-throughput blockchains.

Sei contributors say the network’s design is well suited to approaches like proof batching, recursive verification, and incentive-based security. Rather than viewing quantum resistance as a simple key swap, Sei is treating it as a broader systems challenge that must work alongside extreme performance.

While no blockchain is fully quantum-resistant yet, supporters believe Sei’s performance-first approach could become an advantage in the long run.

In Sum

SIP-3 is a major change for Sei Network. By moving to an EVM-only model, simplifying the protocol, and preparing for Giga, Sei is betting on performance, scalability, and long-term flexibility.

With a major Giga announcement teased as “coming soon,” the focus is now on how well these upgrades are executed, and whether Sei can deliver on its goal of redefining high-performance Layer-1 blockchains.

Related: Sei Network Posts Strong Q3 Growth Amid Rising Gaming and DeFi Activity

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Source: https://coinedition.com/sei-network-nears-giga-upgrade-as-sip-3-enters-final-phase/

Market Opportunity
SEI Logo
SEI Price(SEI)
$0.0882
$0.0882$0.0882
-1.01%
USD
SEI (SEI) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Fed Decides On Interest Rates Today—Here’s What To Watch For

Fed Decides On Interest Rates Today—Here’s What To Watch For

The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Share
BitcoinEthereumNews2025/09/18 00:23
Pi Network Mainnet Update: 16 Million Verified Users Join Global Blockchain Ecosystem

Pi Network Mainnet Update: 16 Million Verified Users Join Global Blockchain Ecosystem

Pi Network Surpasses 16 Million Verified Mainnet Users Pi Network, one of the fastest-growing blockchain ecosystems, has reached a major milestone: over 16 mil
Share
Hokanews2026/01/31 23:28
The Ultimate 2026-2030 Forecast For MANA’s Ambitious $1 Journey

The Ultimate 2026-2030 Forecast For MANA’s Ambitious $1 Journey

The post The Ultimate 2026-2030 Forecast For MANA’s Ambitious $1 Journey appeared on BitcoinEthereumNews.com. Decentraland Price Prediction: The Ultimate 2026-2030
Share
BitcoinEthereumNews2026/01/31 23:24