Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98%
What CoinDesk reports, why it matters and what remains unconfirmed.

The story in one view
- Reported by
- CoinDesk
- Coverage lens
- Crypto news
- Published
- Evidence status
- Single attributed publisher report
What CoinDesk reports
Once home to more than $2 billion in crypto assets, Blast is shutting down as activity fades, costs rise, and bigger platforms like Coinbase and Robinhood build networks of their own.
The immediate significance
The publisher summary states the development but does not provide enough matched evidence for a broader impact judgment. That assessment remains open.
What remains unknown
- No matched primary document independently supporting the central claim is linked to this page.
The named assets, right now
Spot quotes from Kraken, checked .
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