Blast today officially announced a shutdown.
Back then, when TVL hit $2 billion, it raised $20 million—this is what that points-for-airdrop program helped bring about.
In this cycle, L2 after L2 collapsed one after another. In the end, it turned out that none of this was actually needed—because nobody was using it.
The market has already answered this round: only projects that survive are the ones with real revenue and buyback-and-burn.
Important‼️If you have funds on the Blast chain, withdraw them before 10/26. After that, you can only use the official bridge to move funds back to the ETH mainnet.
Back then, when TVL hit $2 billion, it raised $20 million—this is what that points-for-airdrop program helped bring about.
In this cycle, L2 after L2 collapsed one after another. In the end, it turned out that none of this was actually needed—because nobody was using it.
The market has already answered this round: only projects that survive are the ones with real revenue and buyback-and-burn.
Important‼️If you have funds on the Blast chain, withdraw them before 10/26. After that, you can only use the official bridge to move funds back to the ETH mainnet.