Over Foundation Halts Over Protocol Amid Funding Shortfall, Shuts Down Core Services
Odaily Planet Daily reported that the Over Foundation said on X it has halted Over Protocol operations due to financial constraints. The foundation has taken all related infrastructure and services offline and does not plan to restore them, including OverWallet, OverNode, OverFlex, RPC endpoints, block explorers, and APIs.
Over Protocol was positioned as a decentralized Layer 1 mainnet, but with the foundation withdrawing support, the network's practical continuity is now in question. Any ongoing block production would rely entirely on independent validators running the open-source client software.