As per Bijiawang, Neil Somani, founder of Ethereum Layer 2 protocol Eclipse, has announced his resignation as Executive Chairman, effective October 2025. Somani stated the move allows him to focus on Ethereum development, machine learning, and other intellectual pursuits. The leadership transition follows major product and strategic shifts, including a pivot toward application development. Somani founded Eclipse Labs in 2022, following the Terra blockchain collapse, and led the company through a $15 million seed round and a $50 million Series A in 2024. He transitioned from CEO to Executive Chairman in early 2024, appointing Vijay Chetty as CEO. In 2025, Somani oversaw the launch of Eclipse’s mainnet and a strategic shift toward application development, appointing Sydney Huang as CEO. Eclipse also announced plans to build a flagship application on its Layer 2 infrastructure, though details remain undisclosed.
Eclipse Founder Neil Somani Steps Down as Executive Chairman
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Summary
Ethereum news: Neil Somani, founder of Ethereum Layer 2 protocol Eclipse, has announced his resignation as Executive Chairman, effective October 2025. He cited a desire to focus on Ethereum development, machine learning, and other intellectual projects. Somani founded Eclipse Labs in 2022, leading the company through $65 million in funding. He shifted to Executive Chairman in 2024, appointing Vijay Chetty as CEO, and later Sydney Huang in 2025. Ethereum ecosystem news highlights Eclipse’s mainnet launch and a pivot toward application development. Plans for a flagship app on the Layer 2 infrastructure are in the works, though details are not yet public.
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