Ethereum Layer 2 Zero Network to Cease Operations After 1.5 Years

Zerion has announced that Zero Network, an Ethereum Layer 2 solution designed for gasless transactions, will be winding down after operating for 1.5 years. According to NS3.AI, users have been advised to bridge their NFTs, ETH, and other tokens out of the network by the end of July, as bridging into Zero has already been halted. In addition to Zero Network, Everclear, Syndicate Labs, and Fantasy.top have also declared shutdowns over the past two days.