Eclipse: A triple fusion of Solana, Ethereum and Celestia

Author: Patryk Krasnicki, senior analyst of Messari Protocol Research; Compiler: 0xjs@金财经

Eclipse is the cryptographic intersection. It is the connection between Solana, Ethereum and Celestia.

Cryptocurrency’s top ecosystem and currency assets are converging on Eclipse, including ETH and SOL, as well as the up-and-coming TIA. Eclipse's Canonical Bridge, which bridges Ethereum, and Hyperlane Nexus Bridge, which bridges Solana, Celestia, Stride, and Ethereum, promote interoperability to a great extent.

The total value of assets bridged to Eclipse has grown to $171.2 million. Overall, 22.6% comes from Canonical Bridge, 71.7% comes from Hyperlane Nexus, and the remaining 5.7% comes from various bridges compatible with EVM Layer-2s, such as Relay, Owlto, and Orbiter.

Eclipse ecosystem overview:

Eclipse is aligned with Solana. Eclipse is a Solana Virtual Machine (SVM) 2-tier network that uses ETH to pay transaction fees while leveraging the SVM's native fee market. The network optimistically settles to Ethereum while publishing data to Celestia. Similar to Ethereum's MegaETH, Eclipse's technical strategy is to optimize only for execution performance.

What are the long-term goals of Eclipse? Providing abundant high- performance block space and reallocation of value (transaction fees and MEV) to applications. The model aims to provide a network where all applications can efficiently serve users simultaneously while being rewarded for the activity they generate. This eliminates the need to launch a dedicated application chain, as happens with Ethereum and Cosmos.

An ecosystem is emerging.

• Similar to Sanctum’s INF token, Eclipse is developing tETH, Eclipse’s native re-staking token backed by six assets.

• Eclipse-native DeFi applications such as Solar DEX and Astrol are gaining traction.

• The community has rallied behind NFT projects deployed through Scope, such as After School Club, a 10k pfp that received attention from the entire core team.

• Recently, Turbo Tap was deployed to highlight the performance of Eclipse. The average transaction fee is $0.0003 and people are using it heavily. Turbo Tap has become the application with the largest active addresses and transaction volume on Eclipse, while helping Eclipse maintain an average TPS metric of over 1,845 over the past five days.