The launch of Eclipse is one of the most hyped network launches of the year, with the hybrid blockchain project securing over $65 million in funding prior to its launch on Nov. 7.
Eclipse, the first layer-2 network that combines Ethereum and Solana into one blockchain, has officially gone live.
Eclipse allows users to transact on Ethereum faster and more cheaply using the Solana Virtual Machine (SVM) to execute transactions. Like other Ethereum L2s, the network bundles transactions and settles them on the Ethereum mainnet.
The Eclipse Foundation shared that it has added automated market maker Orca, lending protocol Save, and “other top projects” into the network.