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[SITUATION] · [QUIET] · [TECHNOLOGY]

2 clusters · 10 sources · 3 days · First seen 17 days ago · Last updated 15 days ago

Sophon Layer-2 mainnet shutdown

Overview

Sophon has announced a final timetable to shut down its Ethereum Layer-2 mainnet on November 30, 2026. To prevent permanent loss of funds, the project has established a critical withdrawal deadline of November 25, 2026. Users are advised to withdraw SOPH, ETH, USDC, and assets from Sophon Farms, and to claim staking and Guardian rewards through the official portal.

The shutdown follows a strategic pivot from entertainment-focused applications on zkSync to consumer finance and artificial intelligence on Coinbase’s Base network, a move driven by annual operational costs of approximately $3.4 million. The SOPH token will transition to a model tied to revenue from new Base-based products.

Reports indicate a discrepancy regarding the timeline, as official documentation has stated no fixed date was set, contradicting announcements made on the platform X. Additionally, L2Beat lists the project as Stage 0 with ‘No mechanism’ for sequencer failure, suggesting there is no emergency exit via Ethereum for users to recover funds.

Entities

L2Beat · zkSync · Sophon · Ethereum

Claims

What the coverage asserts, and how many sources carry each claim.

[○ 1 SOURCE] Sophon is shutting down its Ethereum Layer-2 blockchain.
[○ 1 SOURCE] The deadline for withdrawing funds is November 25.
[○ 1 SOURCE] The mainnet is scheduled to close on November 30.
[○ 1 SOURCE] Sophon's official documentation currently states there is no fixed date for the shutdown.
[○ 1 SOURCE] Approximately $5.28 million is currently held on the Sophon blockchain.
[○ 1 SOURCE] Sophon is listed as Stage 0 on L2Beat with no mechanism for sequencer failure.

Timeline

15 days ago

[TECHNOLOGY] 3 sources
Sophon to shut down Ethereum Layer-2 blockchain by November
Sophon will shut down its Ethereum Layer-2 blockchain by November 30, setting a November 25 deadline for asset withdrawals.
17 days ago

[TECHNOLOGY] 7 sources
Sophon to shut down mainnet on November 30
Sophon will shut down its mainnet on November 30, 2026, setting a November 25 deadline for users to withdraw assets like SOPH, ETH, and USDC to prevent permanent loss.

Sources

btcwires.com · crypto.news · cryptobriefing.com · cryptoticker.io · finbold.com · krocnews.com · neweconomy.jp · news.bitcoin.com · tokenpost.com · tradingview.com