Sophon Expects $3 Million in Annual Savings From Layer-2 Shutdown

Sophon expects to save about $3 million a year by retiring its Ethereum layer-2 network, shifting spending toward consumer applications after a 2024 investment round and node sale. Sophon puts annual hard costs for the chain and its supporting services at about $3.4 million. That estimate includes network infrastructure, rollup services, data, analytics and developer tools. The projected savings reflect the planned wind-down; they are not a measured reduction in spending. The project’s planned Nov. 30 mainnet shutdown follows its June decision to stop operating a separate chain and build consumer applications on Base.

Source: TokenPost