Home/News Feed/Lisk shuts down its blockchain after 10 years, burning 5.23M LSK tokens to focus on a new business finance platform. Lisk has officially ended its blockchain operations after 10 years, marking the closure of one of the longest-running blockchains. The project announced a burn of 5.23 million LSK tokens from its staking rewards pool, permanently reducing the token supply. Despite the shutdown, Lisk will continue as a financial platform enabling businesses to manage traditional currencies and stablecoins, with plans to introduce new LSK use cases in 2027.
Lisk's market cap on Pluang stands at Rp710.2 million as of Nov 3, 2026, 04:35 WIB, with a circulating supply of 220.2 million LSK tokens, representing 56% of the total 400 million supply. The token is currently priced at Rp3,213, down 14.66% in the last day, while 24-hour trading volume reaches Rp629.46 million. Sell orders dominate at 57%, with typical hold time on Pluang at 13 days, reflecting active trading despite the blockchain shutdown news.