Blast Layer 2 Network Winding Down, Costs Outpace Revenue
Ethereum layer 2 network Blast, backed by Paradigm, is winding down after its operating costs exceeded revenue. Users have until 26 October 2026 to withdraw funds.
If a Paradigm-backed layer 2 cannot cover its costs, what does that say about the dozens of smaller networks with less funding and support? The shutdown raises a broader question for the layer 2 landscape: how many of today's networks have a real path to profitability, rather than relying on incentives or venture backing to stay afloat?
https://www.bonuz.xyz/en/blog/blast-layer-2-shutting-down
Ethereum layer 2 network Blast, backed by Paradigm, is winding down after its operating costs exceeded revenue. Users have until 26 October 2026 to withdraw funds.
If a Paradigm-backed layer 2 cannot cover its costs, what does that say about the dozens of smaller networks with less funding and support? The shutdown raises a broader question for the layer 2 landscape: how many of today's networks have a real path to profitability, rather than relying on incentives or venture backing to stay afloat?
https://www.bonuz.xyz/en/blog/blast-layer-2-shutting-down
