Blast to Shut Down Layer 2, Citing Unsustainable Costs

Crypto Insight Summary: About $63.5 million remains in Blast’s canonical bridge. Users have until Oct. 26 to withdraw through the normal interface, with contract-based withdrawals continuing afterward. Crypto Insight Analysis: Direction: Bearish Blast Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Layer 2 shutdown impacts Blast token but limited spillover to broader market.