Ethereum
Ethereum: Blast Shuts Down its Network After Losing 98% of its Activity
Cointribune·October 3, 2026·1 min read
Blast announced Friday the closure of its Ethereum layer 2 network after losing 98% of its activity. Operating costs now exceed revenue, and the team sees no credible path to sustainability. Users have until October 26 to withdraw assets. The shutdown marks the end of the once-popular L2 chain.
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