Forecast Trend Report by Period
Zero Network, an Ethereum layer-2 project that pitched itself as gas-free, is shutting down. The closure adds to a string of crypto project wind-downs during the recent market slump.
Crypto news outlet The Block reported on May 22 that Zero Network, developed by Zerion, will cease operations about 18 months after launch.
The team wrote on X that it will wind down Zero Network and focus on Zerion’s API and wallet services instead.
Zero Network is an Ethereum-based layer-2 project launched in November 2024. At the time, the team described it as a “fully gasless EVM-compatible rollup” aimed at improving user experience and expanding mainstream…
