🚀Big thing for Solana community!🚀 @EclipseFND has officially become the first Ethereum SVM L2. Congratulations to the team for their outstanding work. Now, the rest of the work is on our side, the builders. Interesting things are yet to come. This intense period will soon… https://t.co/JIfsHoXtLG
Before Celestia, alt VM L2s didn't make sense, as you'd have to sacrifice performance and thus might as well just use Solana or Sui/Aptos. With @EclipseFND (the first SVM L2) live on mainnet and @movementlabsxyz (the first Move L2) live on testnet both using Celestia for data…
The first Move rollup is now live on testnet with Celestia for DA! Today's a great day for alternative VMs, which are important to take full advantage of modularity. https://t.co/6yBJiXEIx0
Eclipse has announced the launch of its Mainnet, becoming the first Ethereum Layer 2 (L2) solution to utilize the Solana Virtual Machine (SVM) for scaling Ethereum. This milestone marks a significant step forward in Ethereum scalability. Eclipse had previously secured $50 million in Series A funding led by Placeholder and Hack VC. The mainnet is now open for builders and developers and is live on Celestia, processing approximately 40 data blobs per block. The launch has been met with enthusiasm from the community and is expected to facilitate the deployment of various decentralized applications (dApps). This development highlights the potential of alternative VM rollups in enhancing modularity.