Phala Network plans to stop parachain and migrate to Ethereum L2

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