Crypto VC unlocks: 5 projects hold $30M+ in looming token supply
ZRO, ES, EIGEN, ID, and XION all show VC dominance above 26% — a supply-pressure pattern that has historically preceded token drawdowns when the broader market lacks a bid.
Eclipse is a Layer 2 (L2) network built on Ethereum that uses the Solana Virtual Machine (SVM) as its execution environment. The project is designed to combine Solana's high transaction throughput and low fees with Ethereum's established user base and liquidity, creating a hybrid infrastructure that aims to deliver performance without sacrificing access to Ethereum-based assets and applications. Beyond its role as an L2, Eclipse is also developing a long-term initiative called the Giga Scale Virtual Machine (GSVM), a new SVM client intended to be software-and-hardware co-designed and optimized across multiple layers to support large-scale blockchain computation. The network operates within both the broader Ethereum and Solana ecosystems and is categorized as infrastructure tooling for decentralized applications. Eclipse maintains its own ecosystem of projects building on the network and tracks metrics such as total value locked, transactions per second, and active wallet participation as indicators of network activity.
ZRO, ES, EIGEN, ID, and XION all show VC dominance above 26% — a supply-pressure pattern that has historically preceded token drawdowns when the broader market lacks a bid.
Eclipse is an SVM L2 on Ethereum.
Eclipse (ES) is categorised as: Infrastructure, Solana Ecosystem, Layer 2 (L2).
The official Eclipse site is https://www.eclipse.xyz/.
Most recent Eclipse coverage: "Crypto VC unlocks: 5 projects hold $30M+ in looming token supply" — read at /en-US/a/vc-unlocks-pile-up-across-zro-eigen-sahara-supply.