The Beam Chain groups a number of big-ticket upgrades, including zero-knowledge support and fast finality, into a single Ethereum upgrade.
“Namechain” will use a zero-knowledge rollup for scaling and is likely to go live around the end of 2025.
The foundation has spent roughly $240 million since March 2022, and holds most of its treasury in ether, which has slid roughly 22% since the last financial report.
Eclipse raised more than $50 million from investors but has been marred by controversy over the past year.
Solana has a reputation as a memecoin hub, but financial institutions are looking to build on the network.
Researchers Justin Drake and Drankrad Feist set off a controversy in May when they revealed that they’d accepted big token payouts from EigenLayer, raising conflict of interest concerns.
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