TLDR Zero Network closes; move ETH, tokens, and NFTs before July 31, 2026. Ethereum Layer 2 Zero Network winds down after 1.5 years of operation. Zerion urges usersTLDR Zero Network closes; move ETH, tokens, and NFTs before July 31, 2026. Ethereum Layer 2 Zero Network winds down after 1.5 years of operation. Zerion urges users

Ethereum Layer 2 Zero Network to Close, Users Urged to Move Funds

2026/05/22 17:20
3 min read
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TLDR

  • Zero Network closes; move ETH, tokens, and NFTs before July 31, 2026.
  • Ethereum Layer 2 Zero Network winds down after 1.5 years of operation.
  • Zerion urges users to bridge all assets safely off Zero Network now.
  • Standalone gasless rollup Zero Network ends; core wallet focus continues.
  • Zero Network shutdown signals shift toward Zerion wallet and API resources.

Zero Network, the Ethereum Layer 2 platform focused on gasless transactions, is winding down operations after 1.5 years. The closure follows a strategic decision by Zerion to focus on its core wallet and API services. Users are urged to transfer any assets before the end of July 2026 to secure their holdings.

Zero Network Shutdown Details

Zero Network launched in November 2024 as the first EVM-compatible, fully gasless rollup. The platform aimed to reduce transaction fees and simplify user experience on Ethereum. Despite its innovative approach, maintaining a standalone blockchain proved unsustainable for the team’s goals.

Ethereum Layer 2 Zero Network to Close, Users Urged to Move Funds

The shutdown applies to all tokens, NFTs and ETH held on Zero Network. Bridging into the network has already been suspended, and all users must act to move their assets. Zerion has confirmed that user funds remain safe throughout the transition process.

Users can bridge assets back to the Ethereum mainnet or other preferred chains. The platform provides clear instructions for securely transferring tokens, NFTs and ETH. The deadline to complete all transfers is July 31, 2026, after which assets may become inaccessible.

Background and Strategic Shift

Founded in 2016, Zerion operates a self-custody wallet accessible via mobile and browser extensions. The company initially built Zero Network to remove gas fees and attract mainstream adoption. However, the standalone chain approach diverted resources from its wallet and API, prompting the closure.

Zero Network joins several crypto projects recently shutting down due to challenging market conditions. Cross-chain infrastructure platform Everclear and Ethereum infrastructure provider Syndicate Labs also announced closures this week. The broader trend reflects market pressures and resource allocation challenges across the sector.

By focusing on its core products, Zerion aims to deliver greater value to daily users. Resources will be redirected to enhance wallet functionality, API performance, and ecosystem integrations. This move aligns with the company’s long-term strategy for sustainable growth in the crypto infrastructure space.

User Action and Recommendations

All Zero Network users must bridge their funds before the July deadline. This includes ETH, ERC-20 tokens, and NFTs previously stored on the Layer 2 network. Transfers can be completed using Zerion Wallet or other supported bridging solutions.

The platform provides full accessibility to all assets during the winding-down period. Users should ensure they verify transfer destinations carefully to avoid loss. Zerion continues to support its user base with guidance and technical assistance during the transition.

Zero Network’s closure highlights the challenges of sustaining independent Layer 2 rollups. Despite its innovation, the platform’s resources are now better applied to enhancing Zerion’s core services. Users are advised to act promptly to secure their holdings before the end-of-July deadline.

The post Ethereum Layer 2 Zero Network to Close, Users Urged to Move Funds appeared first on CoinCentral.

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