- Sei Network partners with Particle Network for the EVM-Cosmos Co-Testnet.
- Universal Accounts and Universal Gas enable cross-chain transactions and gas payments.
Particle Network has announced Sei Network as a co-Testnet partner for their EVM-Cosmos wave. Sei stands out as the first parallel EVM, allowing its ecosystem to combine the greatest characteristics of both Solana and Ethereum.
As the Chain Abstraction Coalition aims to unite all networks, Sei’s participation as a partner represents the evolution of next-generation blockchains.
We’re proud to introduce another co-Testnet partner for our EVM-Cosmos wave: @SeiNetwork!
🔴 Sei is the first parallelized EVM, allowing its ecosystem to combine the best features of Solana and Ethereum.
As the Chain Abstraction Coalition continues working to unify all… pic.twitter.com/l2p1WdQfh4
— Particle Network (@ParticleNtwrk) July 9, 2024
Seamless Cross-Chain Navigation with Particle Network’s Universal Features
During the initial Co-Testnet phase, users of Sei and other chains will be able to freely navigate across various blockchain ecosystems, resulting in a genuinely borderless Web3.
Particle Network’s Universal Accounts and Universal Gas, which enable transactions across numerous chains and the use of any token for gas costs, power the next-generation experience of Co-Testnets. This demonstrates the revolutionary power of chain abstraction.
Meanwhile, as of this writing, the price of SEI tokens had declined by 3.09% over the last 24 hours to $0.3213. However, the token remains optimistic, having climbed by 7.10% in the last seven days.
Previously, CNF reported on Sei V2, which builds on the Sei network’s demonstrated advantages and makes it available to the worldwide EVM development base. Despite its young age, this layer-1 network has proved its capabilities and piqued the curiosity of investors.
This year, Sei Network established many strategic agreements with prominent DeFi initiatives and blockchain infrastructure, which will increase network adoption and interoperability. It has also implemented considerable network enhancements, raising transaction capacity to more than 100,000 transactions per second (TPS).
We also highlighted the success of Sui Network, an another new layer-1 network that has launched CC FishingStar, which improves blockchain gaming with quick transactions and dynamic NFTs.
