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Eclipse has new developments in the Ethereum Layer 2 track. Executive Chairman Neel Somani chose to resign in October this year and will focus on research in the field of machine learning.
Eclipse Labs reviewed its development trajectory over the past few years: When Somani founded the company in 2022, the initial idea was straightforward—an expansion solution based on the Solana Virtual Machine. However, by 2023, the team shifted its focus to the Ethereum L2 track, concentrating on building high-performance Layer 2 solutions. This adjustment clearly seized market opportunities. Last year (2024), Eclipse successfully completed Series A funding, raising $50 million, laying a foundation for the project's subsequent development.
From virtual machine compatibility to specializing in Ethereum L2, this strategic shift by Eclipse reflects the industry's overall emphasis on the Ethereum ecosystem and also demonstrates that L2 solutions remain the core direction for the future.
Somani turned to machine learning, and it's really hard to say how far Eclipse can go
A strategic shift to Ethereum L2 can raise 50 million, this market is indeed a bit虚
Switching from Solana to Ethereum, honestly, it's still about whose money is easier to raise
The L2 track is almost burnt out, does Eclipse's story have any new ideas?
No more complaints, I wish this guy success in ML research, better than just hyping up empty promises
Solana Virtual Machine switching to L2, it really seems like everyone is just following the trend.
50M in funding is not small, but the signal from Somani's departure seems a bit off.
L2 hundred-team battle, let's see if Eclipse can survive until the end.
Jumping from the Solana camp to Ethereum, brother, that's the reality.
Somani spent two years working on Solana Virtual Machine and then switched to Ethereum, now he's directly moving into ML... feels like the project's direction is a bit drifting
50 million in funding sounds like a lot, but this track has been saturated for a long time, who hasn't raised funds before
Wait, leaving to study machine learning? Is this serious or just polite talk?
What's the point of the L2 boom if Gas is still expensive? Talking so much but it's just the same old story