Eclipse Announces October Launch of ' Solana on Ethereum' L2

The team behind the Eclipse project — the first Ethereum Layer 2 to use the Solana Virtual Machine for transaction execution — is preparing for a mainnet launch in October.

“The public mainnet will be launched by the end of October,” revealed Vijay Chetty, CEO of Eclipse Labs, in an interview with TinTucBitcoin at the Solana Breakpoint conference in Singapore on September 20.

“We are on developer mainnet, which means we are open to developers and builders, but have not enabled any user interface yet.”

Eclipse aims to bring “Web2 scale to Web3” by combining the best of Ethereum, Solana , and the Celestia layer-1 blockchain, which it will use to store data.

Building a blockchain by combining the best parts of each is a “vision we believe in very much,” Chetty said.

This could also — in theory — help Eclipse avoid the drawbacks of those blockchains.

Chetty suggests that Solana 's decentralization limitations and Ethereum's slow transaction processing speeds at the base layer have held both blockchains back from achieving widespread success.

While Ethereum Layer 2 offer higher transaction throughput, many blockchains store data off-chain due to costs and other factors, Chetty said. Eclipse's Celestia integration aims to fix that problem.

Eclipse will face fierce competition in the cutthroat Ethereum layer-2 market.

Arbitrum One, Base, and OP Mainnet are Ethereum's three largest Second-Layer Solutions with total locked value of $13.7 billion, $6.5 billion, and $6 billion in each Chain, respectively, according to L2BEAT data.

Chetty said that to make up for the reduced footprint, Eclipse will integrate some of Solana's existing “blue chip applications” and create some native applications.

Solana applications that will expand to Eclipse include decentralized exchanges Mango and Orca as well as lending and borrowing platform Solend. Some of these will be rebranded with different names, he noted.

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