The Eclipse Foundation has launched the mainnet for Eclipse, positioning itself as a unique bridge between two blockchain giants—Ethereum and Solana.
With Eclipse, the first Layer 2 solution based on Solana Virtual Machine (SVM) and built on Ethereum, developers can now tap into Ethereum’s liquidity and security while benefiting from Solana’s speed and scalability. It’s a strategic move to unify developers who previously faced fragmented blockchain ecosystems.
Historically, developers on Ethereum and Solana operated in silos, limited by each platform’s distinct advantages and disadvantages.
Ethereum, known for its vast community, liquidity, and security, also struggles with high transaction fees and scalability issues. Solana, on the other hand, excels in speed and parallel transaction execution but lacks Ethereum’s liquidity and user base.
Eclipse’s L2 solution merges these ecosystems, creating a combined framework where developers can leverage Ethereum’s liquidity while enjoying Solana’s high-performance execution.
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Eclipse’s mainnet brings together an ecosystem of over 60 decentralized apps (dApps) and service providers across diverse sectors, from decentralized finance (DeFi) to consumer applications and gaming. Leading projects like Orca, Save, and Nucleus have already onboarded.
Eclipse’s CEO, Vijay Chetty, emphasized the broader vision driving this milestone. “The launch of Eclipse mainnet marks a pivotal moment for developers in the blockchain space,” he said. “Eclipse is uniquely positioned as the first solution to bridge the gap between Solana and Ethereum, offering a powerful platform that caters to both communities. Our goal is to empower developers from both ecosystems to build and scale their dApps like never before, unlocking new opportunities across the largest networks in the industry.”
The platform’s potential to address longstanding fragmentation issues within the Ethereum ecosystem has raised expectations. By providing a scalable Layer 2 solution, Eclipse enables seamless state and liquidity sharing, allowing developers and users to interact without being limited to one network’s constraints. This is critical for Ethereum, where high transaction costs and scalability concerns have historically deterred innovation and adoption.
Eclipse is backed by prominent VCs, including Placeholder, Polychain, DBA, Maven11, Fenbushi, and Flow Traders, along with angel investors Anatoly Yakovenko, Mert Mumtaz, Segfault, Barnabé Monnot, John Adler, and Hasu. In March, Eclipse raised $50 million in a Series A funding round led by Placeholder and Hack VC, bringing its total funding to $65 million.
The foundation has outlined plans to continue optimizing the virtual machine and further enhancing interoperability, ensuring that its network grows in tandem with the evolving demands of the blockchain industry.
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