Ethereum
Paradigm-backed Layer 2 Blast to wind down network as costs exceed revenue
The Block·October 2, 2026·1 min read
Ethereum L2 Blast is winding down after costs outpaced revenue. Users have until Oct. 26 to withdraw funds via the app. The network, backed by Paradigm, will cease operations as expenses exceeded income, marking a notable exit in the competitive Layer 2 landscape.
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