[L2 Network Abstract Announces Shutdown, Users Must Migrate Assets by December 15] Foresight News reports that Abstract has announced a gradual shutdown, with the blockchain network ceasing operations on December 15, 2026. Funds that are not migrated by then will become inaccessible. Users can transfer their assets via the official migration center or the native cross-chain bridge. The official statement noted that a blockchain focused on consumer-grade crypto as an independent model is unsustainable, with growth stagnating due to factors such as limitations in the DeFi ecosystem and weak on-chain liquidity. Abstract is an Ethereum Layer 2 network launched by the Pudgy Penguins team, which previously attracted over 400,000 users and deployed more than 144 applications. The official team also warned users to beware of counterfeit migration websites.