Blast to wind down Ethereum L2 after costs outpace revenue
Once among Ethereum’s largest layer-2 networks by total value locked, Blast is urging users to move their assets to mainnet ahead of the shutdown.
The trading volume of Blast (BLAST) is $15,760,483.00 in the last 24 hours, with stable market activity.
Blast (BLAST) reached an all-time high of $0.03 on Jun 26, 2024 and an all-time low of $0.00 on Aug 18, 2026 . It's now trading 98.84% below that peak and 49.96% above its lowest price.
Market capitalization of Blast (BLAST) is $23,449,204 and is ranked #760 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of BLAST tokens (69,040,222,472 tokens are tradable on the market today).
The fully diluted valuation (FDV) of Blast (BLAST) is $33,800,000. This is a statistical representation of the maximum market cap, assuming the maximum number of 100,000,000,000 BLAST tokens are in circulation today. Depending on how the emission schedule of BLAST tokens are designed, it might take multiple years before FDV is realized.
With a price increase of 18.60% in the last 7 days, Blast (BLAST) is outperforming the global cryptocurrency market which is up 5.1%, while outperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 4.1%.
The circulating supply of Blast (BLAST) is 69,040,222,472 BLAST tokens, which represents 69.04% of the maximum supply of 100,000,000,000 tokens.
You can buy Blast (BLAST) on various cryptocurrency exchanges. The most popular exchanges for trading BLAST are typically centralized exchanges (CEX) like Binance, Coinbase, and Kraken, as well as decentralized exchanges (DEX). Always ensure you're using a reputable exchange and enable two-factor authentication for security.
News
Once among Ethereum’s largest layer-2 networks by total value locked, Blast is urging users to move their assets to mainnet ahead of the shutdown.
Blast said operating costs now exceed the revenue its Ethereum layer-2 generates and asked users to withdraw their assets to mainnet before Oct. 26.
Bitcoin just ripped 5.88% higher in a single session, tearing back toward its 2026 highs. The charts say the move is real, but they also say it's gotten ahead of itself.