Introduction to Eclipse Crypto

Image source: https://www.eclipse.xyz/

Eclipse is a Layer-2 platform designed to combine the high-speed execution capabilities of the Solana Virtual Machine (SVM) with the secure settlement of Ethereum. Eclipse utilizes a modular framework, integrating Celestia’s data availability and RISC Zero for transaction verification. This architecture maximizes transaction throughput and enhances developer experience. At the same time, it maintains robust security and low operational costs.

Latest Updates: Cross-Chain Airdrop and Token Distribution Structure

On July 16, 2025, Eclipse officially launched its native token, $ES, simultaneously deploying it on the Eclipse chain, Ethereum, and Solana mainnets—a bold step reflecting its cross-chain strategy.

Of the total issuance, 15% of the tokens went through airdrop distribution over 30 days to core community members and developers. Eclipse allocated 35% to ecosystem growth and R&D, while Eclipse set aside 19% for contributors (including team members) subject to a 3–4 year vesting schedule. Eclipse reserved the remaining 31% for early supporters and investors, subject to a long-term lockup period.

Market Overview: Latest $ES Price and Performance

Image source: https://www.gate.com/trade/ES_USDT

Currently, $ES is trading in the $0.16–$0.17 range:

• Exchange data shows the price at approximately $0.1623, with 24-hour trading volume around $190 million and a circulating supply of roughly 150 million ES.
• The price has dropped more than 60% from its all-time high of about $0.49, signaling significant volatility.

Since its launch, $ES has followed a pattern of sharp rise and subsequent decline, falling from its initial price of around $0.39 to its current level, demonstrating typical sell-off pressure for new tokens.

Community and Market Response: Key Areas of Debate and Expectations

Key areas of debate:

• The airdrop distribution caused community dissatisfaction—some NFT holders received notably fewer ES tokens compared to in-person event participants, prompting concerns about distribution fairness among community members.
• The token price declined sharply, dropping over 20% immediately after listing, straining short-term investor confidence.

Positive factors:

• Strong technical fundamentals: Fast execution from SVM, robust security with Ethereum, and Celestia’s data availability combined with RISC Zero verification all contribute to the platform’s rational architecture.
• Eclipse will launch a governance mechanism in Q3. A second airdrop, comprising about 4% of the total supply, is planned for Q4, along with new security features and expanded community governance.

Why Eclipse Is Worth Watching

• Innovative technology stack: The integration of SVM, Ethereum, Celestia, and RISC Zero for multi-chain and modular architecture positions Eclipse to potentially push the limits of Layer-2 performance.
• Strong market interest: Despite recent price corrections, the initial token launch and exchange listings continue to attract significant attention.
• Progress on governance and ecosystem development: The upcoming introduction of governance and enhanced community incentives could fuel sustainable long-term growth.

For new investors, ES offers significant technical potential but also presents considerable market volatility. Investors should monitor upcoming governance and token release events and carefully assess the project’s long-term value proposition.