Sophon to Shut Ethereum Layer 2 on Nov. 30, Sets Nov. 25 Asset Deadline

Sophon plans to shut down Sophon Chain, its Ethereum layer-2 network, on Nov. 30, giving holders until Nov. 25 to move assets. Assets left on the chain after the earlier deadline may become permanently inaccessible. The withdrawal warning covers Sophon (SOPH), Ether (ETH), USDC and other assets held on the network. Holders have also been asked to claim outstanding rewards. The two dates serve different purposes: Nov. 25 is the deadline for moving assets, while Nov. 30 is the planned final mainnet shutdown.

Source: TokenPost