According to BlockBeats, Parallel Network, a comprehensive Layer 2 (L2) network, has announced that it will launch its withdrawal function on July 2. This new feature will allow users to transfer their Parallel L2 assets to public chains, including Ethereum, Manta, Merlin-Chain, and Arbitrum One.

The introduction of this withdrawal function is a significant step for Parallel Network, as it will provide users with more flexibility in managing their assets. Users will now have the ability to move their assets between different public chains, which could potentially lead to increased liquidity and improved asset management.

This announcement comes as the latest development in the ongoing expansion of the Parallel Network. The network has been steadily growing and introducing new features to improve its functionality and user experience. The addition of the withdrawal function is expected to further enhance the network's capabilities and provide users with more options for managing their digital assets.