ZKsync Lite to Shut Down in Early 2026, Says Matter Labs

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Matter Labs has announced that its popular project, ZKsync Lite, will be discontinued at the beginning of 2026. The company described this move as a planned and orderly shutdown aimed at redirecting focus and resources toward the development of next-generation platforms. ZKsync Lite is a scaling solution designed to enhance the performance of the Ethereum blockchain by improving transaction speed and reducing costs. Utilizing zero-knowledge proofs, it provided users with fast, affordable, and secure transactions. The project was initially launched to address the growing demands on the Ethereum network by alleviating its load.

As blockchain technology rapidly evolves and new protocols emerge, Matter Labs has decided to concentrate its efforts on more advanced and feature-rich platforms. Consequently, the active phase of ZKsync Lite will soon come to an end, and users are advised to transfer their funds and activities to newer platforms. This decision reflects a broader trend in the blockchain and cryptocurrency space, where older projects are retired in favor of innovative solutions to drive progress and improvement. It is essential for users and investors to plan accordingly during this transition to avoid any unexpected financial losses.

Matter Labs’ strategy is part of its ongoing commitment to develop new blockchain scaling solutions that will not only boost performance but also enhance the overall utility of the Ethereum network.

Source: coindesk