Pryzm Announces Mainnet Shutdown in Early 2026, Token Plummets 80%

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Pryzm announced the shutdown of its mainnet in early 2026, citing an unsustainable economic model. Users must merge Yield and Principal Tokens and begin redeeming Collateral Tokens. The project will also offer token burns to PRYZM holders for access to an Ethereum-based DeFi project. The PRYZM token has fallen nearly 80% in 24 hours, with a current market cap of $52,657.57.
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