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Blast to wind down Ethereum L2 after costs outpace revenue

Cointelegraph·October 2, 2026·1 min read
Blast to wind down Ethereum L2 after costs outpace revenue

Blast, once among Ethereum's largest layer-2 networks by total value locked, is urging users to move assets to mainnet ahead of its shutdown. The network is winding down after operating costs exceeded revenue, marking a significant retreat in the Ethereum scaling landscape.

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