Ethereum Price Holds as Another Layer-1 Moves to ETH

Ethereum price is trading at $2,490, a quiet number that’s about to get more interesting. Harmony, the sharded Layer-1 that launched mainnet in 2019, just announced it’s sunsetting its blockchain and migrating its native ONE token to Ethereum via airdrop.

Harmony’s X announcement cited threats from “state actors and AI agents” as reasons to fully sunset the network, with validators given until September 10 to cease node operations.

A $1.37 million pool will compensate validators who transition into “governors” for Harmony’s proposed next act: a “remix economy” built around AI video creators and fan-forked content.

HARMONY PLANS TO SHUT DOWN ITS CHAIN AFTER 7 YEARS!@harmonyprotocol proposed killing the 2019 mainnet and moving $ONE to Ethereum after a final-block snapshot and airdrop.The team cited threats from state actors and AI agents, and said it will pivot into an AI video remix… pic.twitter.com/W9VjKrbxNF— Crypto Banter (@crypto_banter) September 6, 2026 Tokens will be snapshotted across wallets, staking delegations, and exchanges, then airdropped 1:1 on Ethereum.