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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.