As soon as the news broke, my social feed split into two camps. I belong to a third: the camp that watches the drama unfold first.
Here's what happened: Nillion clarified its L2 shutdown plans, saying the project is now running on Ethereum mainnet.
$ETH 2377.08—let's see whether contract positions suddenly shifted to one side because of this.

This is a summary of publicly available information. Please verify it yourself.