- Cronos achieves sub-second block times, led by Ken Timsit.
- Enhances DeFi, gaming, and payments performance.
- Targets broad ecosystem gains with reduced transaction latency.
Cronos Labs has announced that the Cronos EVM has achieved sub-second block times, a goal previously outlined in their 2025 roadmap. This upgrade, backed by Crypto.com, positions Cronos as one of the fastest EVM blockchains globally.
As block times drop below one second, Cronos strengthens its competitiveness in the blockchain industry, impacting the DeFi, NFT, and gaming sectors positively while enhancing the experience for CRO token holders.
The reduction of block time from 5.6 seconds to under one second marks a significant milestone for Cronos Labs, led by Ken Timsit.
This advancement enhances the Cronos blockchain throughput and capacity to support increased transaction volumes.
Cronos Labs, affiliated with Crypto.com, focuses on delivering EVM-compatible solutions and aims to bolster DeFi and gaming projects with the new upgrade.
The primary token affected is CRO, alongside potentially increased liquidity for other EVM tokens and wrapped assets.
“We aim to significantly reduce the block time from its current 5.6 seconds to sub-second, making Cronos EVM a blazing-fast, high-performance chain.” — Ken Timsit, Managing Director, Cronos Labs
The immediate impact of this development includes improved transaction speeds for users and a potential boost in the adoption of DeFi and gaming applications.
These sectors benefit significantly from faster transaction processing and reduced latency.
Ken Timsit has described the achievement as a game changer for the industry, with aims for Cronos to provide superior experiences in DeFi, gaming, and payments infrastructure.
The strategic push towards faster block times is aligned with industry trends observed with other Layer 1 blockchains like Solana.
By achieving lower latency, Cronos aims to attract more developers and users, enhancing its ecosystem’s growth prospects.
Furthermore, historical data from previous upgrades suggest that increased throughput should lead to higher user engagement and network utilization.
In test scenarios, internal evaluations have shown massive TPS improvements on the Cronos blockchain, supporting its competitive ambitions.
