Paradigm-backed Layer 2 Blast to wind down network as costs exceed revenue
Ethereum L2 Blast is winding down after costs outpaced revenue. Users have until Oct. 26 to withdraw via the app.
Jason Shubnell
Publisher The Block
Oct 2, 2026 at 4:54 PM UTC · 1 min read
Entities
ethereum
Market Impact
ETH-1.29%$2,382
Last Updated
15 days ago
Ethereum L2 Blast is winding down after costs outpaced revenue. Users have until Oct. 26 to withdraw via the app.
Follow the Story
- Oct 2Paradigm-backed Layer 2 Blast to wind down network as costs exceed revenue
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- Oct 2Paradigm-backed Layer 2 Blast to wind down network as costs exceed revenue
- Oct 17Bitcoin and Ethereum differ in block production and asset management, reflecting their unique network goals.
- Oct 17Ethereum Dramatically Outperformed the S&P 500 in Q3. Is It Finally Time to Load Up on Ethereum?
- Oct 17Charles Schwab Opens Bitcoin And Ethereum Transfers As Crypto Rollout Expands
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Originally reported by The Block
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Market Context
Ethereum
ETH
$2,381
-1.34% (24H)
Market Cap
$290.3B
Circulating Supply
122.1M ETH
24H Volume
$5.7B
24H High
$2,438
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