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

Blast, once holding over $2 billion in Ethereum layer-2 assets, is shutting down due to declining activity, rising costs, and competition from larger platforms like Coinbase and Robinhood.

Sources

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

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