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Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98%

CoinDesk· Krisztian Sandor· Oct 2, 2026 · 5:15 PM
Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98%

Once home to more than $2 billion in crypto assets, Blast is shutting down as activity fades, costs rise, and bigger platforms like Coinbase and Robinhood build networks of their own.

This is a summary. Read the complete story at CoinDesk below.

Read full article at CoinDesk

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