Harmony proposes shutdown, cites AI threats

This proposal marks a notable retreat from public blockchain infrastructure, driven by perceived AI-era risks rather than conventional technical or economic failure. The migration to Ethereum signals a consolidation trend, where smaller networks may fold into established ecosystems when operational threats outpace their capacity to respond. For users, the immediate focus is the contractual exit deadline, which determines whether assets transition smoothly or face stranded value. The open question is whether this sets a precedent for other chains facing similar AI-driven security pressures, and how Ethereum absorbs the influx of migrated tokens and projects without disruption.