[Cross-Chain Protocol Router Protocol Announces Gradual Shutdown, Complete Closure by September 30] The cross-chain protocol Router Protocol has announced via an official statement that, after more than four years of development, it has decided to gradually cease operations and will completely shut down by September 30, 2026. The team stated that over the past two years, Web3 liquidity has remained scarce, the market focus has shifted to AI, the cross-chain interoperability sector has lost momentum, and revenue from bridging services has been insufficient to cover costs. Despite attempts over the past year to explore various paths such as commercialization, licensing, and acquisitions, no sustainable solutions were achieved. Router Protocol will permanently burn 303,333,198 ROUTE tokens remaining in the treasury and coordinate with centralized exchanges to delist ROUTE. Token holders are advised to withdraw their tokens according to the arrangements of each exchange before the deadline.
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