By Isaac • September 7, 2026 7:12 am •
Harmony is proposing an ending few Layer 1 projects ever write for themselves: shut down the chain, move the ONE token to Ethereum and redirect the organization toward an AI-video economy.
This goes far beyond a bridge migration or technical upgrade. According to The Block’s summary of Harmony’s announcement, validators could begin turning off nodes on September 10.
Trending: This little-known fact changes everything about Jonah and the whale
The network would take a final snapshot and recreate eligible ONE balances on Ethereum.
The same report says the migration is designed to cover ordinary wallet balances, delegated stakes, validator rewards, contracts and tokens held at centralized exchanges. The token’s total supply and emission schedule would carry over rather than reset.
Some positions cannot make that trip automatically.
Continue reading
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!