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Ethereum Layer 2 Blast Is Shutting Down, Saying Costs Now Exceed What the Chain Earns

Unchained·October 2, 2026·1 min read
Ethereum Layer 2 Blast Is Shutting Down, Saying Costs Now Exceed What the Chain Earns

Ethereum Layer 2 Blast is shutting down, citing costs exceeding earnings. Users must move assets to Ethereum mainnet by Oct. 26, with withdrawals paused for about a week while assets are pulled from Lido. The network was created by Blur founder Pacman.

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