Sei Labs co-founder Jay announced that Sei Giga is coming soon. The team is in the final stages of technical preparation. The SIP-3 upgrade will convert the Sei network into a pure EVM chain, expected to be completed by 2026, at which point only EVM addresses will be able to conduct transactions.

Gate News Bot news, on November 19, according to CoinMarketCap, as of the time of writing, GIGA (Gigachad) is currently priced at 0.00472 USD, having risen 29.87% in the last 24 hours, reaching a high of 0.00557 USD and a low of 0.00343 USD, with a 24-hour volume of 9.79 million USD. The current market capitalization is approximately 43.9 million USD, an increase of about 10.1 million USD compared to yesterday. Important news about GIGA recently: 1️⃣ **Increase in market attention** GIGA (Gigachad) has recently gained continuous tracking from mainstream cryptocurrency data platforms, including CoinMarketCap, CryptoSlate, and The Block. This sustained market attention may be an important factor driving its price rise.

Gate News Bot news, on October 22, according to CoinMarketCap, as of the time of writing, SEI (Sei) is currently priced at $0.19, with a 1.03% fall in the last 24 hours, reaching a high of $0.23 and a low of $0.19. The current market capitalization is approximately $1.187 billion, a decrease of $12.3327 million compared to yesterday. Sei is the fastest EVM blockchain, designed for high-frequency applications. It can complete transaction settlements within 400 milliseconds, with each transaction costing as low as $0.05. Sei adopts a groundbreaking parallelized runtime architecture aimed at enhancing scalability and developer flexibility. The network supports approximately 200,000 transactions per second, processing 5 Giga Gas per second, providing real-time speed for unlimited innovation. Sei has received support from industry leaders including Coinbase, Circle, and Jump.

Gate News bot message, according to the official Gate announcement on October 16, 2025 Gate will delist 17 perpetual contract trading markets, including BAKE/USDT, XEC/USDT, ORBS/USDT, GNO/USDT, OBT/USDT, ALU/USDT, J/USDT, PYR/USDT, MILK/USDT, FUEL/USDT, DODO/USDT, SANTOS/USDT, GIGA/USDT, MLN/USDT, ROAM/USDT, ATA/USDT, and L3/USDT. These contracts will enter a reduction-only mode on October 16, 2025, at 15:30 ( UTC+8 and will officially cease trading at 16:00 ) UTC+8. The platform will settle the open positions based on the average index price in the last half hour before going offline.

Sei Labs released the Sei Giga White Paper, introducing its Layer 1 EVM-based blockchain solution. Technical features include 5 Ggas throughput, 200,000 TPS processing capability, 400 milliseconds confirmation time, and a new EVM execution client. Through asynchronous submission and Autobahn consensus, the solution boosts throughput by 50 times while maintaining compatibility with Ether. The project aims to meet the demand for high-performance underlying infrastructure in Web3 applications and has completed the core development phase.

PANews, March 21 - Eclipse today released documentation related to the SVM client Giga Scale Virtual Machine (GSVM). Chaofan Shou, a core developer of Solayer, forwarded this information and criticized Eclipse for alleged plagiarism. Chaofan Shou stated that the GSVM solution shares the same ideas and a similar demonstration process as a technical solution previously released by Solayer, but Solayer has proven that this solution cannot be effective in actual operating environments.