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Eclipse Achieves Key Milestone in Ethereum SVM Layer 2 Project

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by Giorgi Kostiuk

2 days ago


Eclipse announced the completion of a key milestone in its Ethereum SVM Layer 2 project, which should enhance integration between Ethereum and Solana ecosystems.

Key Achievements of Eclipse

On April 13, Eclipse revealed the completion of an important development milestone for the Ethereum SVM Layer 2 project. They locked in Grass points, providing a new state snapshot. This achievement advances the Ethereum Layer 2 network, aiming to merge Solana's speed with Ethereum's security.

Community Opinions and Potential Market Impact

There is a positive community response among developers about the ability to avoid the deployment dilemma of dApps on Ethereum or Solana. CEO Vijay Chetty emphasized the integration's significance, stating, 'Eclipse is uniquely positioned as the first solution to bridge the gap between Solana and Ethereum, offering a powerful platform that caters to both communities.'

Current Market Situation of Ethereum

According to CoinMarketCap, the current price of Ethereum is $1,623.69 with a market cap of $195.96 billion. In the past 24 hours, trading has decreased by 3.98%, while Ethereum’s price shifted by 1.81%. The total circulating supply stands at over 120.69 million ETH.

Eclipse's achievements are of interest to the crypto community and could have a significant impact on dApp development capabilities, offering broader choices for developers.

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