TechFlow, December 3 — According to The Block, the Celestia-based Astria network has announced it is shutting down operations and has "intentionally halted" at block 15,360,577. The project was positioned as the "first decentralized shared sequencing layer," aiming to provide decentralized sequencer solutions for Layer 2 networks. Despite raising a total of $18 million between 2023 and 2024—including a $5.5 million seed round led by Maven 11 and a $12.5 million strategic round co-led by dba and Placeholder VC—the project failed to achieve broad adoption. Earlier this year, Astria gradually ceased development of Flame EVM and operations of its Celestia validator. The team has not yet released a detailed explanation regarding the decision to fully shut down the network.
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