Lisk Chain to shut down by Oct 2026, forcing LSK token holders to migrate assets.

Lisk Chain, upgraded to an Ethereum Layer 2 mainnet in 2024, announced it will shut down on October 31, 2026, including its DAO governance and staking programs. LSK token holders must migrate their tokens off the chain before shutdown, involving unstaking and a bridge process to Ethereum, which may take over 10 days. This has caused a sharp price spike in LSK, but technical indicators suggest a likely sell-off soon. Lisk Chain joins other crypto firms closing operations amid market strain and regulatory delays in 2026.