Phala Network plans to stop parachain and migrate to Ethereum L2

Phala Network, a decentralized off-chain computing infrastructure, stated in a statement that since Phala's Polkadot parachain slot will expire on November 20, 2025, it has submitted a proposal to stop the parachain and migrate completely to Ethereum L2 to align with Intel's roadmap (TDX+GPU confidential computing) and the broader EVM ecosystem.