Ethereum Layer-2 Network Blast to Cease Operations

2026-10-06

The Ethereum layer-2 network Blast has announced its shutdown, citing rising operating costs and decreased activity. Users are advised to withdraw assets before October 26.

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The Ethereum layer-2 network Blast is shutting down due to rising operating costs and decreased activity. Users need to withdraw their assets by October 26.

Key facts

The Ethereum layer-2 network Blast is ceasing operations.
Blast indicated that operating costs have surpassed revenue.
Users are advised to withdraw assets by October 26.
Increased competition from other platforms is mentioned as a factor.
Activity on Blast has reportedly faded.

Source: CoinDesk

Reported by VERA Newswire.