Latest Eclipse (ES) Price Analysis

By CMC AI
10 December 2025 06:27AM (UTC+0)

Why is ES’s price up today? (10/12/2025)

TLDR

Eclipse (ES) rose 1.91% in the past 24h, outperforming the broader crypto market (+3.01%) but remains down 7.49% over 30 days. Key drivers:

  1. Technical Breakout – Price crossed above 7-day SMA ($0.0951) with bullish MACD divergence.

  2. Scalability Hype – New coverage of Eclipse’s Solana VM-powered Ethereum L2 sparked speculative interest.

  3. Low Float Dynamics – Only 13.26% of supply circulates, amplifying volatility.


Deep Dive

1. Technical Rebound (Bullish Impact)

Overview:
ES reclaimed its 7-day SMA ($0.0951) and shows a bullish MACD crossover (histogram +0.0007). RSI14 at 51 suggests neutral momentum.

What this means:
The bounce from $0.095 support aligns with short-term traders capitalizing on oversold conditions after a 35% drop since August’s TGE. However, resistance looms at the 30-day SMA ($0.0958).

What to watch:
A close above $0.0968 (November swing high) could target $0.10. Failure to hold $0.095 may retest $0.09.


2. Layer-2 Narrative Revival (Mixed Impact)

Overview:
Recent articles (Cointelegraph) highlighted Eclipse’s hybrid architecture combining Solana’s speed with Ethereum’s security.

What this means:
The coverage reignited interest in Eclipse’s niche as a Solana Virtual Machine (SVM) L2 – a unique value proposition amid crowded EVM rollups. However, skepticism remains after August’s 65% staff cuts and pivot to in-house apps.


3. Supply-Side Constraints (Neutral)

Overview:
Just 13.26% of ES’s 1B supply is circulating. Unlocked team/investor tokens (19%+31%) remain frozen until 2026.

What this means:
Low float exacerbates price swings, but massive future unlocks ($12.7M market cap vs $1B FDV) create long-term dilution risks. Current turnover (1.36) suggests traders are chasing volatility vs long-term conviction.


Conclusion

ES’s rebound appears driven by technicals and renewed L2 speculation, but structural challenges (token unlocks, post-TGE distrust) limit upside. Key watch: Whether Eclipse’s new Celestia-integrated data layer (added Dec 1) attracts measurable developer activity this week.

Why is ES’s price down today? (09/12/2025)

TLDR

Eclipse (ES) fell 1.22% in the past 24h, underperforming the broader crypto market (-0.62%). The drop aligns with ongoing bearish momentum, including an 8.6% decline over 30 days. Key factors:

  1. Strategic Pivot Backlash – Leadership changes and layoffs fuel uncertainty.

  2. Weak Technical Structure – Prices below key moving averages signal bear control.

  3. Altcoin Sentiment Drag – Bitcoin dominance at 58.6% crowds out riskier assets.


Deep Dive

1. Leadership Shakeup & App-First Pivot (Bearish Impact)

Overview: Eclipse Labs replaced CEO Vijay Chetty with Sydney Huang on August 26, 2025, cut 65% of staff, and pivoted from infrastructure to in-house app development. This abrupt shift followed a 65% ES price crash since its July 16 token launch (Crypto Times).

What this means: Markets interpreted the restructuring as reactive to poor token performance and lack of adoption. The pivot to apps suggests Eclipse’s original infrastructure-focused model struggled to gain traction, eroding confidence in its roadmap.

What to watch: Execution of the new strategy – tangible app launches or partnerships could stabilize sentiment.


2. Technical Weakness Persists

Overview: ES trades at $0.0942, below its 7-day SMA ($0.0948) and 30-day SMA ($0.0961). The RSI-7 (45.1) shows neutral momentum but no bullish reversal signals.

What this means: Sustained trading below moving averages reinforces bearish control. While the MACD histogram turned positive (+0.000598), low volume (-13.5% in 24h) suggests weak conviction behind any rebound.

Key level: A close above the 30-day SMA ($0.0961) could signal short-term relief.


3. Altcoin Headwinds Intensify

Overview: Bitcoin dominance rose to 58.6% as the Altcoin Season Index hit “Bitcoin Season” (score: 19). Only 29.25% of crypto’s value sits outside BTC/ETH, the lowest since April 2025.

What this means: Eclipse, like most alts, faces capital rotation into Bitcoin amid macroeconomic uncertainty. With ES’s 90-day decline (-33.3%) far steeper than BTC’s (-10.6% market-wide), traders see limited near-term catalysts.


Conclusion

Eclipse’s price reflects a trifecta of internal missteps, technical breakdowns, and sector-wide risk aversion. Until the team demonstrates progress under its new app-centric vision and altcoin sentiment improves, ES may struggle to reverse its downtrend.

Key watch: Can Eclipse’s TVL or user metrics rebound post-pivot? Monitor DeFiLlama for chain activity updates.

CMC AI can make mistakes. Not financial advice.