📉Blast token price fell by 6% after distributing 17% of its supply to users who staked ether. Despite this, Blast's market cap stands at $385 million with a fully diluted valuation of $2.2 billion. 💰

Blast, now the 6th largest blockchain by total value locked (TVL), boasts 128 DeFi apps and a TVL of $1.6 billion. Key players include Thruster, Juice Finance, and Hyperlock Finance.

Blast's popularity stems from its unique point system, making it the only EVM chain with a native yield for ETH and stablecoins.

Blast follows other platforms like Notcoin in launching airdrops this year. Upcoming airdrops to watch include EigenLayer, TapSwap, and Hamster Kombat.

What are your thoughts on Blast's price drop? Do you think it will bounce back? Share your thoughts below! 👇