Onyx’s strategic contraction is pretty ruthless—Layer 3 is basically sentenced to death right away. Can placing a bet on Layer 1 really turn things around? As for the XCN cross-chain channel, I just hope it doesn’t get blocked up like crazy later.

XCN-1.47%
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CoinNetwork
Coin World News, Wu learned that Onyx Protocol announced that Onyx Layer 3 (XCN Ledger) will be deprecated and shut down on December 31, 2026, and the development focus will fully shift to Onyx Layer 1. Onyx stated that the XCN contract on Ethereum remains the main asset of the Onyx ecosystem, and XCN holders can cross-chain XCN from Ethereum to Onyx Layer 1 for staking, applications, and future network functions.
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