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EconomyOnce a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98%

Blast, once home to more than $2 billion in crypto assets, is shutting down as activity wanes and costs climb. Its assets have plunged 98% while larger platforms including Coinbase and Robinhood develop networks of their own.

BlastEthereumLayer 2Crypto assets

CCoinDesk★★☆☆☆2026-10-02 17:15Original

Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98%
Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98%Economy