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Eigen Labs CEO says ‘critical milestone’ slashes scalability trade-off

cryptoweekly by cryptoweekly
July 28, 2025
in bitcoin, News
0

Eigen Labs CEO Sreeram Kannan told Cointelegraph that Eigenlayer’s upgrade allows decentralized services to have both Ethereum-grade security and scalability.

Eigenlayer took a step toward scaling decentralized infrastructure by rolling out a multichain verification feature that allows decentralized services to run on layer-2 networks while retaining Ethereum-grade security. 

On Thursday, Eigenlayer introduced a protocol feature that lets Actively Validated Services (AVS) run on layer 2s, in addition to the Ethereum network. Eigen Labs launched the new feature on the Sepolia Testnet on the Base network.  

Eigen Labs founder and CEO Sreeram Kannan told Cointelegraph the update marked a “critical milestone” in the company’s roadmap. He said that while the feature is launching on Base Sepolia, they plan to roll it out to additional blockchains soon. 

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  • Price predictions 7/28: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE
  • SOL bears are gone: Here’s what it takes to send Solana to $260
  • How to use cryptocurrency to buy a home in Dubai (legally and safely)
  • How high can BNB price go? Market analyst predicts $2K cycle top
  • Cathie Wood's ARK partners with SOL Strategies for staking services
  • Tron Inc. seeks $1B to grow TRX holdings as stock rallies
  • How high can BNB price go? Market analyst predicts $2K cycle top

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