Ethereum L2 Network Silicon Announces Shutdown by the End of the Year, $9.75 Million in Assets to Be Evacuated
2026-09-03 11:26:02
According to CoinMeta, as reported by CryptoSlate, the Ethereum L2 network Silicon ceased to accept new bridge deposits on September 2nd and initiated the shutdown process. Users need to withdraw their assets by December 31st, after which the network and block explorer will be taken offline. There are still approximately $9.75 million in assets on the chain, including USDC ($2.66 million), WBTC ($2.54 million), ETH ($2.08 million), and USDT ($1.85 million). Users can withdraw the assets bridged from the Ethereum mainnet during this window period, but tokens issued on Silicon will need to be exchanged through on-chain liquidity, and the Web3 wallet for Silicon will also become unusable thereafter.
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Source:Internet
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