BLAST is closing
Blast announces that it will stop operating. Users have until October 26 to withdraw assets through the official interface.
This Ethereum Layer 2 once had $2.3B in bridge assets, but it now has only about $63M.
💥 After the announcement, $BLAST fell by 44.5%.
A clear reminder that a large TVL doesn’t necessarily mean the project will last forever.
CHOOSE A TRANSPARENT(ON-CHAIN) PROJECT AND HAVE REVENUE
Blast announces that it will stop operating. Users have until October 26 to withdraw assets through the official interface.
This Ethereum Layer 2 once had $2.3B in bridge assets, but it now has only about $63M.
💥 After the announcement, $BLAST fell by 44.5%.
A clear reminder that a large TVL doesn’t necessarily mean the project will last forever.
CHOOSE A TRANSPARENT(ON-CHAIN) PROJECT AND HAVE REVENUE