EconomyCoinbase-backed crypto bridge Router Protocol to shut down after business model fails
Router Protocol will end all remaining operations by Sept. 30 after failing to establish a sustainable cross-chain bridge business. It blamed falling bridge fees and largely fixed always-on infrastructure costs. Token holders face exchange-specific deadlines, while dependent developers must migrate. The project plans to open-source selected components and burn 303.3 million ROUTE tokens.
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CryptoSlate★★☆☆☆2026-09-07 10:00Original
Coinbase-backed crypto bridge Router Protocol to shut down after business model fails
Economy