[Syndicate Labs Announces Imminent Shutdown] According to a report by Jinse Finance, Syndicate posted on Platform X stating that Syndicate Labs has announced its imminent shutdown. After five years of building on-chain developer infrastructure, the Rollup market has undergone fundamental changes, forcing us to make this decision. Syndicate has always been committed to providing developers with customization and control, enabling them to deploy any application on-chain at scale. Unfortunately, the Rollup market has significantly contracted. Every time a new Rollup goes live, more Rollups quietly shut down. The market has gradually deviated from our technical roadmap, and we cannot wait for the market environment to improve. EVM Rollups are no longer the industry standard. Instead, consulting teams are starting from scratch to build customized chains, where there is almost no reusable technology or network value.