Nillion Shuts Down Its L2 and Returns to Ethereum Mainnet
- NIL’s L2 will be gradually shut down over the coming weeks. Tokens still on the network must be bridged to Ethereum L1 using the official bridge. No details have been provided on what will happen to assets that are not migrated by the deadline.
- The team described the change as a maintenance operation, saying the project is already running on mainnet. An earlier announcement had already sparked concern in the community.
The migration window is a period for holders to move their positions. Bridging costs and the depth of the mainnet order book will determine the actual selling pressure. NIL itself has thin liquidity, which could amplify short-term volatility; if the broader market also weakens, NIL falling to test its previous lows would be a natural outcome.
If you’re holding NIL that’s still locked on L2 and haven’t bridged it out, should you act now or wait until the deadline?
$ETH $NIL $BTC
- NIL’s L2 will be gradually shut down over the coming weeks. Tokens still on the network must be bridged to Ethereum L1 using the official bridge. No details have been provided on what will happen to assets that are not migrated by the deadline.
- The team described the change as a maintenance operation, saying the project is already running on mainnet. An earlier announcement had already sparked concern in the community.
The migration window is a period for holders to move their positions. Bridging costs and the depth of the mainnet order book will determine the actual selling pressure. NIL itself has thin liquidity, which could amplify short-term volatility; if the broader market also weakens, NIL falling to test its previous lows would be a natural outcome.
If you’re holding NIL that’s still locked on L2 and haven’t bridged it out, should you act now or wait until the deadline?
$ETH $NIL $BTC