$BLUR plunges 32.95%. Is this more than a market correction?

Blur has reportedly announced plans to shut down its website frontend and stop matching new loans through Blend on November 12, 2026.

The news pushed $BLUR toward $0.0125, raising concerns about the platform's future activity and token demand.

Importantly, the underlying smart contracts are expected to remain active, so this isn't a complete protocol shutdown.

Key levels: $0.012 support and $0.010 downside risk.

The bigger question isn't just how far $BLUR could fall, but whether the ecosystem can maintain meaningful activity without its main interface.

Can $BLUR recover, or is the market pricing in a lasting decline?