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Ethereum CoinDesk

Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98%

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.

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Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98%
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.

Why this matters

Ethereum is showing up inside the Layer 2 theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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