Nillion plans to shut down its Layer 2 network soon and is urging users holding NIL tokens or Ether (ETH) on this network to transfer their assets to Ethereum's mainnet before the shutdown. This move is necessary because once Nillion's Layer 2 network stops operating, users will no longer be able to access their tokens there. The company has specified Ethereum Layer 1 as the destination for these transfers to ensure the safety and continuity of users' assets.
The news about Nillion urging users to move NIL and ETH ahead of its Layer 2 shutdown is presented here with Pluang's cryptocurrency market snapshot as of Oct 16, 2026 01:02 WIB. Among 50 major cryptocurrencies on Pluang, 25 rose and 24 fell today. Notable movers include CRV with a price of Rp6.481 and a 1-day change of +8.69%, EOS at Rp12.649 up +8.13%, and XTZ priced at Rp5.785 with a +4.74% change, showing varied investor activity and typical hold times ranging from 62 to 100 days.
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