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ZKsync has announced plans to shut down its original ZK-rollup, ZKsync Lite, in 2026, marking the end of the network’s earliest production system and signaling a complete transition toward its newer stack. The team described the move as an organized phaseout of a framework that validated its early zero-knowledge work.

A noticeable gap is widening between the fundraising achieved by leading Layer 2 (L2) projects and their current market valuations, new insights from blockchain intelligence firm Tokenomist reveal. Some of the most heavily funded L2 networks are now trading below, or just barely above the amount they originally raised.