Eclipse to launch Solana L2 solution on Ethereum in October
Eclipse plans to launch Solana on Ethereum L2 in October, a notable development that aims to advance the vision of "bringing Web2 scale to Web3" by combining the best of Ethereum security, Solana's speed, and Celestia's data storage capabilities. According to Eclipse Labs CEO Vijay Chetty at the Solana Breakpoint conference in Singapore, the public mainnet will be officially launched at the end of October.
The Eclipse team is committed to using the Solana virtual machine to execute transactions, making it the first Ethereum layer 2 solution to operate in this way. Chetty emphasized that it is currently on the developer mainnet and is open to developers and builders, although it has not yet enabled the front end or user interface. This openness will promote innovation and support the development of the blockchain ecosystem.
Eclipse is designed to combine the strengths of different blockchains to avoid their respective shortcomings. For example, Chetty pointed out that Solana's decentralization limitations and the slow transaction throughput of Ethereum's base layer are important factors that restrict the success of these two blockchains. Through integration with Celestia, Eclipse hopes to solve the problem that many blockchains choose to store data off-chain due to cost and other reasons.
In the highly competitive Ethereum Layer 2 market, Eclipse will face challenges from major solutions such as Arbitrum One, Base, and OP Mainnet. In order to compete for market share, Eclipse will integrate multiple existing "Solana blue chip applications" and create native applications, including decentralized exchanges Mango and Orca, and lending platform Solend. This series of moves shows Eclipse's ambition for future development and provides more choices and opportunities for users.