Pundi X Chain Shutdown and Migration
Pundi X announces the shutdown of its native blockchain, Pundi X Chain, effective March 1, 2026. The project is migrating to the Ethereum blockchain to build a more unified, secure, and scalable ecosystem. This transition marks a significant strategic pivot for the Pundi X team, aimed at leveraging Ethereum’s robust infrastructure and wider developer community. The migration involves token migration and system updates coordinated by Pundi X Labs, the entity behind the project. Recent News In recent months, Pundi X Labs has communicated the migration plans through official Twitter announcements and community channels, highlighting the benefits of Ethereum’s scalability and security. No major new partnerships or product launches have been reported during this migration phase, with the team's focus on ensuring a smooth transition for token holders and users. Future Plans Post-migration, Pundi X aims to leverage Ethereum's ecosystem for enhanced dApp integration, increased security measures, and improved transaction throughput. The project intends to focus on expanding the utility of its tokens within decentralized finance (DeFi) and other Ethereum-based applications. Onchain Data No verifiable onchain metrics available. Community Sentiment Neutral — The community shows cautious optimism about the benefits of migrating to Ethereum but expresses concerns about potential transition risks including token migration complexity and service disruptions. Selected reactions include: "Looking forward to easier integration with Ethereum projects." "Hope the migration is smooth with no loss of assets." "Will miss the uniqueness of the original chain." Risk Disclaimer This event involves chain migration which could affect token prices due to technical challenges or market perception. Token holders should follow official migration instructions carefully and stay informed via Pundi X Labs channels to mitigate risks. Sources used https://x.com/PundiXLabs/status/1997021251219406932
Pundi X
March 1
