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

Source: coinDesk October 2, 2026 · 10:15
Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98%
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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.
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CoinDesk is an American news site specializing in bitcoin and digital currencies. Founded by Shakil Khan, the firm also provides guides to bitcoin for those new to digital currencies.

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