BLAST TVL COLLAPSES 97% TO $67M
Ethereum Layer 2 network Blast now holds just $67M in TVL, down from its $2.2B peak in June 2024.
The collapse, paired with months of silence from Blast’s official account and founder Pacman, raises concerns about project abandonment and user confidence in its future.
Source: @WuBlockchain
L1 HYPE FADES AS NEW CHAINS DUMP, CZ CALLS FOR UTILITY
Messari data confirms what was obvious: new chains aren’t holding value; Starknet, Blast, Mode, and others are down bad post-TGE—even big names like Berachain have tanked.
CZ says what serious investors already know: Another L1 isn’t the answer—we need more dApps, more real adoption, and fewer speculative chains.
Only Hyperliquid is bucking the trend, up 1,100%; proving it’s not about launching—it’s about delivering.
Source: CryptoNews
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