Why Abstract is killing its Ethereum L2 instead of launching a token to save it

10 outlets reporting

Your call?🐂 Bullish🐻 Bearish

400,000

users onboarded

$ETH

$2,589

-4.6%

Abstract will shut down on Dec. 15 despite onboarding more than 400,000 users, hosting 144 apps, and landing brands including Disney and Red Bull Racing. The consumer-focused Ethereum layer-2 (L2) cited stagnant growth, thin liquidity,…