Guavy AI Editorial TeamSentiment: -3Clout: 65

Ethereum Layer 2 Protocol Zero Network to Permanently Shut Down After 18 Months of Operation

The Ethereum Layer 2 protocol Zero Network has announced its permanent closure after approximately 18 months of operation. The network's shutdown is part of a strategic transition by its parent company, Zerion, to expand its wallet products and application programming interface (API).

Zerion's decision to shut down the Zero Network comes after managing an independent blockchain was deemed no longer efficient in fulfilling the commercial purpose of providing a free-of-charge Ethereum Virtual Machine (EVM)-compatible ecosystem. The technical shutdown process has already begun, with deposit functions and the inbound bridge disabled.

Users holding assets within the network are required to migrate them to the Ethereum mainnet or secondary networks before July 31, 2026. Once this deadline expires, the network will halt its block production irreversibly. The technical team assured that all funds are securely safeguarded during the transition phase.