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Cross-chain Protocol Router Protocol to Shut Down by September 30

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Router Protocol announced it will cease operations after four years of development, with a full shutdown scheduled for September 30, 2026. The team cited persistent liquidity scarcity in Web3, a market shift toward AI, declining interest in cross-chain interoperability, and the inability of bridge revenue to cover costs as primary reasons. Despite efforts to explore commercialization and acquisition, no sustainable path was found. The project will permanently burn 303,333,198 ROUTE tokens held in its treasury and coordinate with centralized exchanges to del

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Summaries are written by AI from the original article. Not investment advice.

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