BLAST L2 SHUTS DOWN: $63.5M BRIDGE ASSETS & OCTOBER 26 WITHDRAWAL DEADLINE Blast, the Ethereum Layer-2 network known for native yield and points farming, is officially winding down. The reason? Blast says the ongoing cost of operating the network now exceeds the revenue generated by the L2, with no credible path toward long-term economic sustainability. KEY DETAILS: → Blast L2 is being shut down → Users should withdraw assets to Ethereum mainnet by October 26, 2026 → After October 26, withdrawals will require direct interaction with Blast bridge contracts on Ethereum L1 → Withdrawal delay will be reduced to 24 hours → Blast’s Lido asset withdrawal process will begin first and may take ~1 week → ~$63.5M reportedly remains in the canonical bridge This is more than a routine network shutdown, it highlights the brutal economics facing Ethereum L2s when user activity and revenue cannot justify operating costs. $BLAST 20% Down in Just One hour. What happens to $BLAST after the Blast L2 shutdown? NFA. Always DYOR.