Why Did Blast Decide to Wind Down Its L2?

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Why Did Blast Decide to Wind Down Its L2?

The post Why Did Blast Decide to Wind Down Its L2? appeared first on Coinpedia Fintech News

Blast is shutting down its Layer 2 network, ending a project that once pitched unusually high yields and a distinct approach to crypto payments. The reason is blunt: operating costs now exceed L2 revenue, and Blast says it sees no credible path to economic sustainability. The project is asking users to move their assets back …