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Why Did Blast Decide to Wind Down Its L2?

Stressed investor holding his face next to a screen showing a red chart and "70 Projects Are Closed."

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 …

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