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Harmony proposes full Layer 1 shutdown in pivot to Ethereum and AI video

9/7/2026

Harmony's Layer 1 blockchain is set for a full sunset under a proposal the network has put forward, with its token earmarked for migration to Ethereum ($ETH).

The move reorients Harmony around what it calls a "remix economy" built for AI video creators.

The proposal uses the word "fully." A full shutdown means the existing chain stops operating, not that it winds down alongside a new structure.

Validators currently securing Harmony's Layer 1 have no path to continue on that network if the proposal is adopted.