---
title: "Once a $2.3 Billion Network, Ethereum Layer-2 Blast Is Shutting Down"
url: https://thecoingazette.com/once-a-2-3-billion-network-ethereum-layer-2-blast-is-shutting-down/
date: 2026-10-02
modified: 2026-10-02
lang: en
author: "Coin Gazette Editorial"
description: "Blast said operating costs now exceed the revenue its Ethereum layer-2 generates and asked users to withdraw their assets to mainnet before Oct. 26."
categories:
  - "Business"
word_count: 24
---

# Once a $2.3 Billion Network, Ethereum Layer-2 Blast Is Shutting Down

Blast said operating costs now exceed the revenue its Ethereum layer-2 generates and asked users to withdraw their assets to mainnet before Oct. 26.