Originally published on: November 08, 2024
Eclipse has officially launched as the first-ever layer-2 network merging the capabilities of Ethereum and Solana into a unified blockchain experience. By harnessing the Solana Virtual Machine (SVM), Eclipse enables quicker and more cost-effective Ethereum transactions. This innovative network aggregates transactions and settles them on the Ethereum mainnet, offering users a seamless and efficient decentralized ecosystem.
The Eclipse Foundation has revealed the integration of prominent platforms such as Orca, Save, and various other leading projects within the network. With a staggering 60 decentralized applications (DApps) and service providers available at the launch on Nov. 7, Eclipse caters to diverse sectors including DeFi, consumer apps, and gaming.
“Our objective is to empower developers from both ecosystems to elevate their DApps to unparalleled heights, bringing forth immense opportunities across the industry’s largest networks,” stated Vijay Chetty, CEO of Eclipse.
While Ethereum boasts substantial decentralization and hosts over $500 billion in on-chain assets, Solana is renowned for its rapid transaction speeds and cost-efficiency. Eclipse bridges the gap between these two powerhouses, ensuring that DApps on the Ethereum L2 seamlessly interact with native Solana apps.
The network offers users a unique blend of Solana’s speed and Ethereum’s liquidity, providing an unparalleled user experience. Eclipse has garnered substantial financial backing, concluding a $50 million Series A funding round led by Placeholder and Hack VC, further solidifying its position in the market.
Despite facing challenges in the past, Eclipse has emerged stronger under the leadership of CEO Vijay Chetty, signaling a new era of growth and innovation within the blockchain space. As Eclipse continues to thrive, it aims to revolutionize the way users interact with decentralized applications, unlocking infinite possibilities across the digital landscape. Discover the boundless potential of Eclipse and embark on a transformative journey in the world of blockchain technology.
