Harmony Proposes Sunsetting Network and Moving ONE to Ethereum for AI Video Pivot

Crypto Insight Summary: The plan would snapshot ONE at the final block and redirect emissions to an AI video business, but Harmony urged users to exit smart contracts before Sept. 10 because onchain apps and liquidity pools will not migrate. Crypto Insight Analysis: Direction: Bearish ONE Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Network shutdown and migration to Ethereum will cause significant disruption and loss of liquidity for ONE holders.