BTCC
/
BTCC Square
/
CoingabbarEN
/
Ethereum’s Blast Network Plunges 97% in TVL - Here’s Why It’s Actually Bullish
Ethereum’s Blast Network Plunges 97% in TVL - Here’s Why It’s Actually Bullish
18
3
Blast Network's TVL nosedives from billions to pocket change—but savvy crypto pros see opportunity in the chaos.
Mass Exodus or Strategic Reset?
The Layer 2 solution bled 97% of its total value locked as early adopters cashed out. That staggering drop would panic traditional finance folks—good thing crypto moves faster than their spreadsheets update.
Ethereum's scaling ecosystem just demonstrated its brutal efficiency at flushing out weak hands. While TVL metrics flash red, developers keep building and the underlying tech stack gets stronger.
Remember: every major protocol survives its first bloodbath. This isn't collapse—it's Darwinian optimization in real-time.
The Blast ethereum Layer 2 network has experienced a sharp and sustained decline in its market position, causing concern within the DeFi community. The project was once hailed as quite promising to scale Ethereum with fast and cheap trans... Read More
By:
