Eclipse, a groundbreaking layer-2 network designed to merge Ethereum and Solana, officially launched on November 7. The project has generated significant interest, securing $65 million in funding before its debut. Eclipse leverages the Solana Virtual Machine (SVM) to facilitate quicker and cheaper transactions on Ethereum, consolidating transactions and settling them on the Ethereum mainnet. The network has integrated popular decentralized applications (DApps), including automated market maker Orca and lending protocol Save, among others. At launch, it hosts 60 DApps across various sectors like decentralized finance, consumer applications, and gaming. Eclipse aims to provide developers from both ecosystems a robust platform, enhancing collaboration and interoperability between Ethereum and Solana. With Ethereum's extensive on-chain assets and Solana's reputation for speed and lower costs, Eclipse aims to deliver the 'best of both worlds' for users and DApp developers alike. Following the departure of its former CEO, the company has seen a leadership transition with Vijay Chetty stepping in as CEO.

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