{"id":3311,"date":"2026-05-22T21:55:59","date_gmt":"2026-05-22T21:55:59","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=3311"},"modified":"2026-05-22T21:55:59","modified_gmt":"2026-05-22T21:55:59","slug":"ethereum-layer-2-zero-network-announces-shutdown-after-18-months-of-operations","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/05\/22\/ethereum-layer-2-zero-network-announces-shutdown-after-18-months-of-operations\/","title":{"rendered":"Ethereum Layer 2 Zero Network Announces Shutdown After 18 Months of Operations"},"content":{"rendered":"\n
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Zero Network confirmed that user funds remain secure and transferable before the Ethereum Layer 2 permanently stops block production on July 31.<\/p>\n\n\n\n

After operating for roughly a year and a half, Zero Network announced plans to shut down its standalone blockchain and redirect its focus toward expanding the Zerion API and wallet ecosystem.<\/p>\n\n\n\n

In a statement shared on X, the team explained that Zero Network was initially created around the belief that gas fees remained one of the largest obstacles preventing mainstream cryptocurrency adoption.<\/p>\n\n\n\n

Zero Network Outlines Full Shutdown Process<\/strong><\/p>\n\n\n\n

Zero Network positioned itself as the first fully gasless EVM compatible rollup, allowing users of the Zerion wallet to complete transactions without paying gas fees through an open paymaster model.<\/p>\n\n\n\n

However, after operating the network, the project concluded that maintaining an independent blockchain was no longer the most effective way to pursue its long term vision.<\/p>\n\n\n\n

Instead, the company said it plans to focus resources on products already seeing daily usage among customers, particularly its wallet and API infrastructure.<\/p>\n\n\n\n

As part of the shutdown process, the team urged all users holding ETH, tokens, or NFTs on Zero Network to bridge their assets away from the chain before July 31, 2026.<\/p>\n\n\n\n

The project stressed that all user funds remain fully secure and accessible. Users were advised to transfer assets either back to the Ethereum mainnet or to another blockchain network before the final shutdown deadline.<\/p>\n\n\n\n

According to the announcement, inbound bridging to Zero Network has already been disabled, while outbound transfers will remain available until July 31. After that date, the blockchain will cease operations entirely and stop producing blocks permanently.<\/p>\n\n\n\n

The company also thanked early users, developers, and ecosystem partners that supported the project since launch, including Matter Labs, Caldera, Relay Protocol, and Highlight.<\/p>\n\n\n\n

Zero Network stated that while its original vision remains unchanged, the strategy for delivering that vision is evolving. The team added that the experience and technology developed through the project will now be directed toward building what it described as one of the best wallet and crypto data API experiences across multiple blockchain ecosystems.<\/p>\n\n\n\n

Crypto Industry Continues Seeing Project Closures<\/strong><\/p>\n\n\n\n

Zero Network joins a growing list of crypto companies that announced shutdowns this week.<\/p>\n\n\n\n

Earlier, Syndicate Labs, an Ethereum focused infrastructure company backed by Andreessen Horowitz, revealed plans to close after five years of operations.<\/p>\n\n\n\n

The company said it had spent years building tools designed to help developers create and scale on chain applications but acknowledged that the rollup market had changed dramatically over time. Syndicate Labs added that EVM rollups are no longer broadly viewed as the default framework for blockchain development.<\/p>\n\n\n\n

Meanwhile, crypto trading card platform Fantasy.top announced plans to shut down in June after struggling to generate enough trading activity to sustain long term operations. The company reportedly experimented with other products, including prediction markets, but failed to find sufficient demand.<\/p>\n\n\n\n

Pantera backed cross chain infrastructure company Everclear also confirmed that it would wind down both Everclear Foundation and Everclear Labs after failing to achieve sustainable revenue growth or broader commercial adoption.#crypto#cryptonews https:\/\/coinsignals.net<\/a> https:\/\/t.me\/coinsignalpublic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Zero Network confirmed that user funds remain secure and transferable before the Ethereum Layer 2 permanently stops block production on July 31. After operating for roughly...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3311","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=3311"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3311\/revisions"}],"predecessor-version":[{"id":3313,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3311\/revisions\/3313"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=3311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=3311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=3311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}