Lisk Chain, which upgraded to an Ethereum Layer 2 mainnet in 2024, plans to shut down on Oct. 31, 2026. The closure will include its DAO (decentralized autonomous organization) governance system, staking and other governance-related programs, but the LSK token itself will continue to exist. Holders with LSK on Lisk Chain must unstake it, wait three days, and then bridge it to Ethereum, a process that could take at least seven more days because of the optimistic rollup challenge period. LSK traded at $0.9428 after rising 344.5% in 24 hours, a move described as an exit pump. The surge may attract traders despite weakening long-term fundamentals, while an overbought RSI and candles above the upper Bollinger Band point to potential selling pressure. The founder of Pricesync described the move as a clear exit pump, saying market makers recognized that future demand for LSK would disappear after the shutdown. Lisk joins BitMEX, BitMart, Odos and ABFinance among crypto businesses that have announced closures or suspended operations. The developments are presented as evidence of strain across the crypto market, with regulatory delays adding pressure.