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Blast L2 Shuts Down, Sets November 2027 Claim Deadline

Summary by Crypto Adventure
Ethereum Layer 2 network Blast has officially shut down, giving users until November 4, 2027, to recover remaining funds after its developers concluded that operating costs had made the blockchain financially unsustainable. The closure, confirmed on November 4, follows a month-long wind-down that began in October, when Blast acknowledged that maintaining its infrastructure cost more than the revenue generated by the network. Remaining ETH, wrapp…
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Blast shut down the Ethereum Layer 2 network on November 4th and opened its recovery site. Users can claim ETH, wrapped ETH, or USDB until November 4, 2027.

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Blast, one of Ethereum's second-layer networks, officially announced the end of its operations today. The team stated that the recovery system for users with remaining assets on the network will remain open for one year. According to Blast's statement via X, those with ETH or dollar balances in second-layer wallets, those with incomplete withdrawal transactions, and Blast Mobile users will be able to retrieve their assets through the official we…

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DiarioBitcoin broke the news on Wednesday, November 4, 2026.
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