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Abstract announced that it will gradually shut down, and the network will cease operation on December 15, 2026. At that time, funds that have not been withdrawn will not be accessible. Users can cross assets through the official migration center migrate.abs.xyz or the native cross chain bridge native-bridge.abs.xyz. The abstract states that the chain focused on consumer grade encryption as an independent model is difficult to sustain, and its growth has stagnated due to the limitations of the DeFi ecosystem and weak on chain liquidity. Abstract is an Ethereum Layer 2 network launched by the Pudgy Penguins team, which has attracted over 400000 users and deployed over 144 applications. The official reminds users to be wary of counterfeit migration websites.