High Chain incident Source: Web3 is Going Just Great

Blur shuts down its Blast blockchain

Blast, an Ethereum layer-2 blockchain developed by the Blur NFT marketplace team, is shutting down due to costs exceeding revenue, with no clear path to profitability. The network, which once held over $2 billion in total value locked, has seen its revenue collapse significantly.

Protocols
Blast
Chains
Ethereum
Confidence
High
First seen
16 Oct 2026, 02:00 UTC

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