Latest Blast (BLAST) News Update

Deep Dive

1. @ImCryptOpus: A benchmark for low user activity mixed

"Pretty sure #Cardano and probably Blast has more active users" – @ImCryptOpus (20.5K followers · 2026-02-19 11:34 UTC) View original post What this means: This is neutral for BLAST because it's not a direct critique but uses Blast as a comparative standard for some user activity, which is faint praise given the network's known decline from a peak of 77,000 daily active users to just 3,500 (The Defiant).

2. @Lira_eth: Bullish price prediction to $15M market cap bullish

"TOP BLAST TO 15M COMING" – @Lira_eth (3.2K followers · 2025-10-18 03:02 UTC) View original post What this means: This is bullish for BLAST as it expresses speculative conviction for a significant price rally, though it contrasts sharply with the token's current $31.1M market cap and 87.64% yearly decline.

3. @delucinator: Skepticism over TVL reporting methods bearish

"Imagine Blast Scroll Linea Mode Manta except the team is allowed to just post some numbers and call it their TVL" – @delucinator (28.5K followers · 2025-10-15 02:09 UTC) View original post What this means: This is bearish for BLAST because it directly challenges the credibility of a core growth metric (Total Value Locked), echoing concerns that inflated numbers may have driven initial hype before the 97% TVL collapse (AMBCrypto).

Conclusion

The consensus on BLAST is mixed, split between speculative price hopes and deep skepticism over its fundamental health and reported metrics. Watch for any reversal in the network's Total Value Locked, currently at $65M, as a critical signal of renewed user trust or further decline.

Deep Dive

1. TVL Plunges 30% as Users Exit (26 August 2025)

Overview: Blast's DeFi ecosystem has seen a dramatic collapse. According to data from DeFiLlama, its total value locked (TVL) plummeted to $65 million by late August 2025, marking a 97% decline from its all-time high of $2.2 billion in June 2024. A 30% drop occurred in the month leading up to the report. This exodus is attributed to user disappointment following the BLAST token's launch at a $2.9 billion valuation, which was below the anticipated $5–10 billion range. What this means: This is bearish for BLAST as it signals a loss of fundamental utility and user confidence. The network's struggle to retain capital and active users places it at a significant disadvantage against established Layer 2 competitors like Base and Arbitrum. (The Defiant)

2. Price Rebounds 15% from All-Time Low (4 July 2025)

Overview: In early July 2025, the BLAST token price rebounded approximately 15% from its all-time low of $0.0019, reached on July 2. The recovery followed a major token unlock that released over 10 billion BLAST into circulation, initially creating heavy selling pressure. Technical analysis noted a breakout from a falling wedge pattern, with indicators like the Relative Strength Index (RSI) rising to suggest increased buying interest. What this means: This is a neutral-to-bullish short-term signal, indicating that selling pressure from the unlock may be subsiding. However, analysts labeled the rally as fragile, dependent on bulls defending the $0.0020 support level. The recovery remains vulnerable to further sell-offs if demand doesn't materially improve. (CCN)

Conclusion

Blast is navigating a critical phase, caught between a collapsing ecosystem and tentative signs of token price stabilization. The key question is whether developer initiatives and any remaining community engagement can stem the outflow of value and rebuild trust in its native yield model.

Deep Dive

1. $BLAST Grants for Mobile Dapps (Indefinite)

Overview: Blast has phased out its Points and Gold system in favor of liquid $BLAST token incentives. According to a team Q&A, this shift is necessary because $BLAST will serve as the native payment currency within Blast Mobile (Blast). Grants are allocated on a case-by-case basis, with a focus on dapps that achieve product-market fit and utilize $USDB or $BLAST. Big Bang teams will receive an amount of $BLAST equivalent to 1 million Gold once their apps go live on Blast Mobile.

What this means: This is bullish for BLAST because it directly ties the token's utility and demand to ecosystem growth, creating a sustainable incentive model beyond airdrop farming. However, it is bearish if the grants fail to attract high-quality applications, which could lead to further sell pressure without corresponding utility.

2. Blast Mobile App Store Rollout (No Set ETA)

Overview: Blast Mobile is taking a whitelist approach for safety during its initial rollout. The long-term vision is to open the platform to any developer via a built-in app store, creating a new paradigm for mobile crypto apps. The team has stated they are working "as fast as we can" but prioritizes a safe rollout, so there is no set timeline for this expansion (Blast).

What this means: This is neutral-to-bullish for BLAST as it represents a major strategic expansion into mobile, a high-growth sector. Success hinges on execution; delays or security issues could undermine confidence, while a successful launch could significantly boost network activity and token utility.

Conclusion

Blast's roadmap centers on executing its mobile-centric vision, using $BAST grants to bootstrap an ecosystem before opening it to all developers. Will the pivot to liquid incentives and mobile apps be enough to reverse the network's steep decline in TVL and user activity?

Deep Dive

1. Blast Mobile Launch & Incentive Overhaul (13 February 2026)

Overview: Blast has launched its mobile platform and fundamentally changed its user reward system. It replaced the previous "Points" and "Gold" programs with direct, liquid $BLAST token incentives, which will serve as the native payment currency within Blast Mobile apps.

This is a major architectural and economic shift. The old loyalty programs were effectively sunset, with a 5% airdrop of the total community allocation distributed to existing holders. Moving forward, all ecosystem incentives—for users depositing funds and for developers building apps—will be paid in tradable $BLAST tokens. The platform's "Earn" app aggregates user deposits into the yield-bearing stablecoin USDB, with yield sourced from MakerDAO's baseline rate and topped up with $BLAST incentives.

What this means: This is bullish for $BLAST because it transitions the token from a speculative voucher to a core utility asset with real demand drivers. Users earn spendable tokens directly, and developers are incentivized to build apps that use $BLAST, creating a more sustainable economic loop. However, it also introduces token price volatility as a new risk factor for users earning yield.

(Blast Blog)

Conclusion

Blast's latest update pivots from marketing-focused points to a token-centric model, aiming to bootstrap utility and demand for $BLAST through its new mobile ecosystem. Will the shift to liquid incentives be enough to reignite developer and user activity on the network?