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 de leitura
Entities
ethereum
Market Impact
ETH-0.08%$2,716
Last Updated
há 4 dias
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
- Oct 6Basis trade returns to the crypto market. Why are positions on Ethereum growing faster than on Bitcoin?
- Oct 6Why are Bitcoin, Ethereum and XRP struggling to extend recovery?
- Oct 6Crypto Today: Bitcoin, Ethereum, XRP bulls battle to restart uptrend amid ETF outflows
- Oct 2Paradigm-backed Layer 2 Blast to wind down network as costs exceed revenue
- Oct 6Basis trade returns to the crypto market. Why are positions on Ethereum growing faster than on Bitcoin?
- Oct 6Why are Bitcoin, Ethereum and XRP struggling to extend recovery?
- Oct 6Crypto Today: Bitcoin, Ethereum, XRP bulls battle to restart uptrend amid ETF outflows
Sourced by
Originally reported by The Block
NewsLayer coverage based on externally reported material.
The Daily Brief
The onchain economy, before your day starts.
Curated markets, onchain insights, and key headlines — delivered every weekday morning.
Weekdays · Free · ~5 minute read
0
Applause
Was this article helpful?
Market Context
Ethereum
ETH
$2,716
-0.08% (24H)
Market Cap
$331.7B
24H Volume
$8.3B
24H High
$2,729
Article Intelligence
Key Entities
Topics
Sponsored
Ad
NewsLayer Premium
Unlock deeper intelligence.
Ad-free reading, exclusive research, and real-time onchain insights.
Go Premium
