Blast, an Ethereum Layer-2 network, has announced it is shutting down its operations following a significant 98% drop in Total Value Locked (TVL). Assets on the platform plummeted from $2 billion to approximately $32 million as of October 2. In response, the network has opened a withdrawal window for users to reclaim their funds through the official interface. This withdrawal period will remain available until October 26, 2026.
