Ethereum News Today: EigenLayer Launches Multi-Chain Verification Expanding AVSs Beyond Ethereum L1 to L2 and Independent Chains Preserving $17B Staked Security Model

Eigen Labs has introduced a blockchain-based multi-chain verification system, enabling Actively Validated Services (AVSs) to expand beyond Ethereum’s Layer 1 (L1) to Layer 2 (L2) networks and independent blockchains. The update, now live on Base’s Sepolia testnet, marks a pivotal shift in decentralizing infrastructure while preserving the security model of EigenLayer, which relies on over $17 billion in staked Ethereum [1][2]. This advancement allows AVSs to leverage faster, lower-cost networks like Base without compromising the trust assurances provided by EigenLayer’s shared security framework [4][5]. By synchronizing operator data across chains, the system ensures critical actions such as slashing or node removal are instantly reflected across ecosystems, maintaining consistent security guarantees for users [6].

Developers can now deploy AVSs with minimal adjustments to smart contract settings, reducing deployment time and fostering innovation [6]. The update addresses persistent challenges with Ethereum L1, including high gas fees, by offering scalable alternatives while retaining robust security. EigenLayer’s ecosystem has further strengthened with the launch of EigenCloud, a suite of tools integrating EigenDA, EigenVerify, and EigenCompute, which aim to streamline service development. Additionally, a feature redistributing slashed funds rather than destroying them enhances economic efficiency for developers [6].

The protocol’s growth is underscored by institutional confidence, including a $70 million investment from venture capital firm a16z crypto in June, building on its earlier $100 million Series B funding round [6]. This backing highlights the sector’s faith in EigenLayer’s model as a core infrastructure provider. Strategic partnerships with entities like LayerZero and Infura further bolster cross-chain interoperability and developer tooling [3][6]. The move aligns with broader industry trends toward modular architectures, where security is decoupled from execution, allowing developers to prioritize performance and cost while relying on a shared security layer [3].

While the long-term success of multi-chain verification hinges on widespread chain adoption and maintaining security as AVSs proliferate, the feature already signals a transformative step for decentralized infrastructure. By enabling AVSs to operate on optimized chains like Base—Coinbase’s L2 network—EigenLayer positions itself to support cost-efficient deployment while leveraging its $17 billion staked collateral [1][3]. Analysts note this could lower entry barriers for developers, accelerating adoption of decentralized applications and fostering innovation in blockchain solutions [6].

The rollout remains in early phases, with mainnet support and broader chain compatibility anticipated in coming months. As EigenLayer’s ecosystem matures, its ability to balance innovation with security will be critical. The integration of advanced tools like EigenCompute and EigenDA suggests a focus on building a comprehensive infrastructure stack, potentially solidifying EigenLayer’s role in the next phase of decentralized development [6].

Source:

[1] [RootData] https://www.rootdata.com/news/141758

[2] [AInvest] https://www.ainvest.com/news/ethereum-news-today-eigenlayer-launches-multi-chain-verification-expand-avs-ecosystem-2507/

[3] [Coinness] https://coinness.com/en/news/77510

[4] [CoinStats] https://coinstats.app/news/f99469cb1d8050e0af9b1206b1c297a3d40cf5b6f428e6a19aaa94994156fa95_EigenLayer-introduces-multichain-verification-on-Base-enabling-AVSs-to-expand-beyond-Ethereum-L1

[5] [TheCoinrise] https://thecoinrise.com/eigen-labs-unveils-blockchain-based-multi-chain-verification/

[6] [Crypto Economy] https://crypto-economy.com/eigenlayer-launches-multi-chain-verification-for-avs-deployments-why-is-it-important/