Ethereum L2 Network Silicon to Shut Down by Year-End

Ethereum Layer 2 network Silicon has announced its shutdown, effective December 31, after stopping new bridge deposits on September 2. Users must withdraw their assets before the deadline, as the network and block explorer will be taken offline. Approximately $9.75 million in assets, including USDC, WBTC, ETH, and USDT, remain on the chain. While assets bridged from Ethereum can be withdrawn directly, native tokens on Silicon must be swapped for liquidity before the shutdown.