CoinScoopRouter Protocol to Cease Operations and Burn Over 300 Million ROUTE
Cross-chain protocol Router Protocol announced it will shut down operations by September 30, 2026, after four years of service. The team cited liquidity constraints in the Web3 sector and a shift in capital toward AI as reasons for the inability to cover long-term operational costs. The project will permanently burn 303,333,198 ROUTE tokens held in its treasury and coordinate with centralized exchanges to delist the token. Holders are advised to withdraw their assets before the deadline, as no new initiatives will be launched and some technical components w
Summaries are written by AI from the original article. Not investment advice.