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Sophon Chain to shut down Nov 30; asset withdrawal deadline Nov 25

Protocol Fundamentals
21 Oct 2026
Tokenpost
View Source
Bearish
Sophon Chain to shut down Nov 30; asset withdrawal deadline Nov 25

Sophon plans to shut down its Ethereum layer-2 network, Sophon Chain, on November 30. Holders must move their assets, including SOPH, ETH, and USDC, by November 25 to avoid permanent loss. The shutdown follows Sophon's June decision to retire the chain and focus on other projects. The November 25 deadline is for asset withdrawal, while November 30 marks the final network shutdown.

Sophon’s plan to shut down its Ethereum layer-2 network provides context for cryptocurrency market activity. For readers following crypto assets, here is Pluang's market snapshot as of Oct 21, 2026 10:41 WIB: out of 50 major cryptocurrencies priced on Pluang, 42 rose and 7 fell today. Notable movers include VET (VeChain) at Rp130 with a 7.50% increase and a typical hold time of 148 days, MANA (Decentraland) at Rp1,583 up 6.60%, and CRV (Curve DAO Token) at Rp6,943 rising 5.37%. Pluang order activity shows mixed buy/sell interest across these assets.

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