Ethereum
Once a $2.3 Billion Network, Ethereum Layer-2 Blast Is Shutting Down
Decrypt·October 2, 2026·1 min read
Ethereum layer-2 network Blast is shutting down, citing operating costs that exceed its revenue. The company asked users to withdraw assets to mainnet before Oct. 26. Blast was once valued at $2.3 billion, marking a significant collapse for a major scaling solution.
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