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Author: Patryk Krasnicki, Senior Analyst for Messari Protocol Research; Compiled by: 0xjs@Bitchain Vision
Eclipse is the cryptographic junction.It is the connection between Solana, Ethereum and Celestia.
The top ecosystems and monetary assets of cryptocurrencies are converging on Eclipse, including ETH and SOL, as well as the budding TIA.Eclipse’s Canonical Bridge that bridges Ethereum and Hyperlane Nexus Bridge that bridges Solana, Celestia, Stride and Ethereum’s Hyperlane Nexus Bridge that greatly promotes interoperability.
The total value of assets bridged to Eclipse has grown to $171.2 million.Overall, 22.6% came from Canonical Bridge, 71.7% came from Hyperlane Nexus, and the remaining 5.7% came from various bridges compatible with EVM Layer-2s such as Relay, Owlto and Orbiter.
Eclipse ecology list:
Eclipse aligns with Solana.Eclipse is a Solana Virtual Machine (SVM) layer 2 network that uses ETH to pay transaction fees while leveraging the local fee market for SVM.The network is optimistic about settlement to Ethereum and publishes data to Celestia.Similar to Ethereum’s MegaETH, Eclipse’s technical strategy is to optimize for execution performance only.
What are Eclipse’s long-term goals?Provides a wealth of high-performance block space and reallocated value to the application (transaction fees and MEV).The model is designed to provide a network where all applications can serve users effectively at the same time while being rewarded for the activities they generate.This eliminates the need to start a dedicated app chain, as happens on Ethereum and Cosmos.
An ecosystem is emerging.
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Similar to Sanctum’s INF token, Eclipse is developing tETH, a native restaken token backed by six assets.
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Eclipse native DeFi applications such as Solar DEX and Astrol are gaining attention.
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The community has united in support of NFT projects deployed through Scope, such as After School Club, a 10k pfp that has attracted the attention of the entire core team.
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Recently, Turbo Tap was deployed to highlight Eclipse’s performance.The average transaction fee is $0.0003 and people are using it in large quantities.Turbo Tap has become the most active address and transaction volume application on Eclipse, while helping Eclipse maintain an average TPS metric of over 1,845 over the past five days.
