PANews reported on April 29 that according to the official Medium, Neo announced that it will officially shut down the Neo Legacy mainnet on October 31, 2025, and the testnet will be shut down on June 1, 2025. Neo Legacy has been running for more than 8 years since it was launched in 2016. The official will save data snapshots before shutting down. After the shutdown, functions such as asset transfer and smart contract deployment will be permanently stopped, and unmigrated assets will be lost. Users need to complete asset migration through the official migration portal, and the Neo team will also assist centralized exchanges in handling custodial assets.