Back to all news
Ethereum

Ethereum: Blast Shuts Down its Network After Losing 98% of its Activity

Cointribune·October 3, 2026·1 min read
Ethereum: Blast Shuts Down its Network After Losing 98% of its Activity

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.

Read at Cointribune
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store