Phala Network plans to fully migrate to Ethereum L2
ChainCatcher reported that the decentralized off-chain computing infrastructure Phala Network announced that, as Phala's Polkadot parachain slot will expire on November 20, 2025, a proposal has been submitted to terminate the parachain and fully migrate to Ethereum L2. This move is intended to align with Intel's roadmap (TDX + GPU confidential computing) and the broader EVM ecosystem.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CryptoQuant CEO: The cyclical price bottom for bitcoin may be around $56,000
Galaxy Digital deposits over $133 million worth of BTC to an exchange
Data: US XRP spot ETF sees single-day net inflow of $25.41 million
RootData: ZRC will unlock tokens worth approximately $1.51 million in one week
Trending news
MoreCrypto prices
More
