- Eigen Labs launches Multi-chain Verification, enhancing blockchain interoperability.
- Rollout allows AVSs to operate on Ethereum Layer 2 networks.
- Major investor Andreessen Horowitz increases stake in Eigen Labs.
Eigen Labs released its Multi-chain Verification feature, enabling Actively Validated Services (AVS) to operate across multiple blockchains, including Ethereum’s Layer2, enhancing its EigenLayer ecosystem.
The update allows rapid deployment and improved network efficiency, impacting Ethereum security models and potentially reshaping financial flows and ecosystem dynamics in the crypto market.
Eigen Labs Expands EigenLayer Across Layer 2 Networks
Eigen Labs has introduced Multi-chain Verification, a significant enhancement to the EigenLayer ecosystem. Previously limited to Ethereum’s Layer 1, the new feature allows active verification services to deploy across multiple blockchains, including Layer 2 networks like Base. The feature launched successfully on the Base Sepolia test network and is expected to be fully operational on the main network in the third quarter of 2025.
This advancement enables developers to configure smart contract parameters quickly, supporting multi-chain deployments in hours. The use of Layer 2 networks offers advantages such as reduced costs and improved throughput, thus enhancing the performance of these services. In parallel, Eigen Labs recently released the EigenCloud platform, integrating data availability and dispute resolution services, marking its commitment to improving blockchain infrastructure. The crypto community and industry stakeholders have shown significant interest in this development. Notably, Andreessen Horowitz, a major investor, expanded its investment, acquiring an additional $70 million in EIGEN tokens, reinforcing market confidence in the platform’s potential. Individual reactions from key industry figures are pending, but broader interest in the ecosystem’s expansion and technological upgrades is widely acknowledged.
“Deployments now take hours instead of days/weeks for AVS teams due to simplified smart contract configuration and streamlined process.”
Significant Investor Move: Andreessen Horowitz Bets $70M on EIGEN
Did you know? This feature significantly strengthens EigenLayer’s utility, providing innovation in blockchain interoperability and demonstrating potential shifts in institutional and developer attention.
Ethereum’s (ETH) current price stands at $3,720.99 with a market cap of $449 billion. It holds a market dominance of 11.65%, according to CoinMarketCap. In the past 90 days, ETH prices have surged by 104.77%, demonstrating significant growth. The trading volume over the past 24 hours is approximately $42.22 billion, reflecting active market engagement.
The Coincu research team highlights that this feature significantly strengthens EigenLayer’s utility, providing innovation in blockchain interoperability and demonstrating potential shifts in institutional and developer attention. Markets may anticipate broader engagement in cross-chain projects as providers seek greater performance efficiencies. This aligns with Ethereum’s rising momentum and underscores its pivotal role in the broader blockchain ecosystem.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/blockchain/eigen-labs-multi-chain-verification/