Rewards Hub Neel Somani, Executive Chairman of Ethereum Layer 2 network Eclipse, stepped down in October 2025 to focus on research in machine learning. Somani founded Eclipse Labs in 2022, initially concentrating on scaling solutions based on the Solana virtual machine. In 2023, the company shifted its focus to building a high-performance Ethereum Layer 2 network. Following a $50 million Series A funding round in 2024, Somani transitioned from CEO to Executive Chairman. The leadership change was planned by the founder and does not affect his equity or board authority.
Eclipse Executive Chairman Neel Somani Steps Down to Focus on Machine Learning
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