Blast Bridge Holds $40.41 Million as Withdrawal Cutoff Arrives
Photo: TokenPost
Blast’s official Ethereum bridge held about $40.41 million in assets as the network’s standard withdrawal cutoff arrived Oct. 26, leaving users facing a more technical route after the deadline. The balance was down from about $63.5 million on Oct. 2, a decline of roughly 36%. Blast announced its plan to wind down the Ethereum Layer 2 network that day, saying operating costs exceeded revenue and it saw no credible path to sustainability. Blast set Oct. 26 as the last day to use its regular withdrawal interface. Its website displayed a withdrawal option on Oct. 26. After Oct.
Source: TokenPost
