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Harmony to shut down its network and move ONE token to Ethereum by Sept. 10

Protocol Fundamentals
07 Sep 2026
Crypto Briefing
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Neutral
Harmony to shut down its network and move ONE token to Ethereum by Sept. 10

Harmony announced plans to shut down its own blockchain network due to increasing threats from state actors and AI agents, transitioning its ONE token to the Ethereum network. Validators can stop running nodes from Sept. 10 and will be compensated for lost emission rewards with about $1.4 million allocated for this purpose. ONE token holders will receive an airdrop of equivalent tokens on Ethereum, while the total supply and emission rate of ONE will remain unchanged. The project also offers validators opportunities to participate in governance and a new AI video economy initiative.

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