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Blockchain: Eclipse, The First Ethereum-Solana L2 Network, Is Active.
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Blockchain: Eclipse, The First Ethereum-Solana L2 Network, Is Active.

Cointribune EN
By Cointribune EN
5 months ago
3 mins read
Blockchain: Eclipse, The First Ethereum-Solana L2 Network, Is Active.

On November 7, 2024, Eclipse officially launched its mainnet, marking an important milestone in the evolution of blockchain technologies. Eclipse is the first layer 2 (L2) network that combines the features of Ethereum and Solana into a single blockchain. This innovation allows crypto users to conduct transactions on Ethereum more quickly and at a lower cost by using the Solana Virtual Machine (SVM) to execute transactions.

Eclipse launches its L2 mainnet: the alliance of Ethereum and Solana

The launch of Eclipse was one of the most anticipated events of the year, with the project securing over 65 million dollars in funding before its launch. The Eclipse network allows transactions to be aggregated and settled on the Ethereum mainnet while offering the speed and low crypto transaction costs of Solana.

According to Vijay Chetty, CEO of Eclipse, “Our aim is to enable developers from both ecosystems to build and scale their decentralized applications (dApps) like never before, unlocking new opportunities across the largest networks in the industry.” Eclipse thus positions itself as the first solution to bridge the gap between Solana and Ethereum, offering a powerful platform that meets the needs of both crypto communities.

The Eclipse network has integrated leading projects such as the Automated Market Maker Orca and the lending protocol Save, as well as 60 decentralized applications and service providers at its launch. These applications cover various sectors, including decentralized finance (DeFi), consumer applications, and crypto games.

The best of both worlds in a single crypto system

Eclipse offers users the speed of Solana with the liquidity of Ethereum, allowing dApps on Ethereum L2 to communicate with Solana native applications. This unique combination aims to solve the issues of fragmentation and lack of interoperability that have historically affected crypto developers and Ethereum users.

In summary, the launch of Eclipse’s mainnet represents a significant advancement for blockchain technologies, bringing together the strengths of two of the most influential crypto ecosystems. With solid funding and a commitment to innovation, Eclipse is well positioned to become a key player in the future of blockchain.
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