Follow UsOnce a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98%
Bearish-99.70%
2 Oct, 17:15
Source: CoinDesk
AI Summary
Blast, an Ethereum layer-2 network, is shutting down due to fading activity and rising costs as larger platforms like Coinbase and Robinhood capture market share.
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.