[L2 Network Abstract Announces Shutdown, Users Must Migrate Assets by December 15] Abstract posted on Platform X stating that the network will gradually shut down, with the chain ceasing operations on December 15, 2026. Funds not migrated by then will become inaccessible. Users can migrate assets via the official migration center (migrate.abs.xyz) or the native cross-chain bridge (native-bridge.abs.xyz, approximately 3-hour delay). Abstract explained that a chain focused on consumer-grade crypto as an independent model is unsustainable, with growth stagnating due to limitations in the DeFi ecosystem and weak on-chain liquidity. Abstract is an Ethereum Layer 2 network launched by the Pudgy Penguins team, previously attracting over 400,000 users and deploying more than 144 applications. The official team reminds users to beware of counterfeit migration websites.