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Router Protocol to shut down cross-chain services and burn 303M tokens by Sept 30

Protocol Fundamentals
29 Sep 2026
Tokenpost
View Source
Bearish
Router Protocol to shut down cross-chain services and burn 303M tokens by Sept 30

Router Protocol announced it will cease all cross-chain infrastructure operations by September 30, ending its bridging services. The project plans to permanently burn 303,333,198 ROUTE tokens from its treasury and coordinate with exchanges on token delistings, urging holders to withdraw tokens before deadlines. After exploring commercialization and acquisition options without success, the project cited low Web3 liquidity and shifting market focus to AI as reasons for shutdown. Router Protocol will open-source some technology components as it winds down after over four years of operation.

Router Protocol's shutdown announcement comes as a backdrop to the current cryptocurrency market activity on Pluang. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Sep 30, 2026 08:02 WIB: out of 50 priced major cryptocurrencies, 24 rose and 25 fell today. Notable moves include GRT at Rp525 with a 4.53% decrease, SNX at Rp4.590 with a 4.44% increase, and SUSHI at Rp4.736 with a 4.43% increase.

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