Phala Leaves Polkadot for Ethereum L2

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Phala Network, a Polkadot parachain since 2021, is officially migrating to Ethereum Layer 2 after a community vote.

PHA tokenholders will get a 1:1 ERC-20 swap

Migration begins before Nov. 20

Staking, rewards & governance will continue on Ethereum

Phala says the move gives it greater scalability, lower costs, and direct Ethereum liquidity access.

[kelson10]

Leaving Polkadot for Ethereum L2 sounds like a strategic pivot toward more user activity. It’s a bold but logical move.

[Nahid10]

If they handle the bridge and data transfer properly, this could be a long-term win for scalability and adoption.