# Valuation Soars by $1 Billion! The King of Projects, Eclipse (ES), Hints at an Upcoming Launch on a New Platform, with TGE Imminent!

**Published by:** [Evelynwe](https://paragraph.com/@-evelynwe/)
**Published on:** 2025-04-10
**Categories:** eclipse, svm
**URL:** https://paragraph.com/@-evelynwe/valuation-soars-by-dollar1-billion-the-king-of-projects%2C-eclipse-es%2C-hints-at-an-upcoming-launch-on-a-new-platform%2C-with-tge-imminent

## Content

Recent News on Eclipse On April 8th, Eclipse (ES) officially appeared on the Bybit price tracker, with its chart also going live, hinting at significant developments on the horizon, potentially indicating an upcoming launch on a new platform! It is reported that on April 1st, during the most recent DC meeting, Eclipse was mentioned, which also signifies that the TGE (Token Generation Event) of Eclipse is approaching. Introduction to the Eclipse Project Eclipse is a highly flexible modular Rollup solution that supports seamless integration with multi-chain ecosystems. The platform innovatively allows developers to build custom Rollups based on the Solana Virtual Machine (SVM), achieving a unique architectural design of "execution layer optimization + underlying free combination." This modular approach not only retains the high-performance advantages of Solana but also provides developers with unprecedented deployment flexibility through multi-chain compatibility, enabling project teams to customize blockchain scaling solutions according to specific needs. Highlights of Eclipse The innovation of Eclipse lies in its "modular" architectural design: Developers can independently configure the execution layer and data availability layer components, and all Rollups built on Eclipse share a unified settlement infrastructure. This architecture ensures system flexibility while achieving cross-chain interoperability through a standardized settlement layer, providing a new technological paradigm for the large-scale development of blockchain applications. Eclipse Architecture Settlement Layer ArchitectureBased on the mature blockchain infrastructure of EthereumFully utilizing the security mechanisms and liquidity of the Ethereum networkAchieving efficient interaction verification through optimized validation bridge technologyProviding security for user interactionsHigh-Performance Execution LayerIntegrating the advanced technology of the Solana Virtual Machine (SVM)Adopting the Sealevel parallel processing engine architectureBreaking through the single-threaded processing limitations of traditional EVMSignificantly improving interaction throughput and processing speedPerfectly supporting high-concurrency DeFi and gaming application scenariosEclipse Team Vijay Chetty is the CEO of Eclipse, who previously served as the Chief Growth Officer of the project. Ben Livshits is the CTO of Eclipse, formerly the Vice President of Research at zkSync and Chief Scientist at Brave. He has authored over a hundred academic papers and holds dozens of patents. Eclipse Financing In August 2022, the project completed a $6 million pre-seed round of financing.In September 2022, Eclipse secured another $9 million in seed funding.In March 2024, Eclipse raised $50 million in Series A funding, with participants including Placeholder, Hack VC, and OKX Ventures, with its valuation soaring to $1 billion. Summary of Eclipse Eclipse provides developers with highly flexible configuration options through its modular architecture, mainly reflected in two core dimensions: execution environment support (including dual virtual machine options of EVM and SVM) and customizable data availability layer choices. In the current Layer2 development market, which is centered around Ethereum, Eclipse, with its cross-chain interoperability and multi-virtual machine support, demonstrates great potential in building a diversified Rollup network that transcends the Ethereum ecosystem.

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