Latest Blast (BLAST) News Update

Deep Dive

1. @Lira_eth: Speculative Price Target Bullish

"TOP BLAST TO 15M COMING" – @Lira_eth (3.1K followers · 18 Oct 2025 03:02 UTC) View original post What this means: This is bullish for BLAST because it sets an extremely ambitious price target of $0.015, which would represent a 2,300%+ increase from the current price. It fuels retail speculation and frames the current period as a potential breakout season.

2. @delucinator: Critique of TVL Metrics Bearish

"Imagine Blast Scroll Linea Mode Manta except the team is allowed to just post some numbers and call it their TVL" – @delucinator (28.4K followers · 15 Oct 2025 02:09 UTC) View original post What this means: This is bearish for BLAST because it directly criticizes the integrity of the network's key growth metric—Total Value Locked (TVL). It implies the reported figures may be inflated or misleading, eroding trust in the project's advertised success.

3. @DVVMovies: Ominous Market Warning Mixed

"The silence is deadly…. The BLAST will be BLOODY…. From 10 PM Today, Firestorm Engulfs all…" – @DVVMovies (777.7K followers · 24 Sep 2025 07:43 UTC) View original post What this means: This is neutral for BLAST as it's a vague, dramatic warning not tied to specific fundamentals. However, it reflects a prevailing negative sentiment in the broader crypto environment that could impact trader psychology and increase selling pressure on altcoins like BLAST.

4. BitcoinWorld: Whale Profit-Taking Bearish

"An anonymous ETH whale recently deposited 8,231 ETH (valued at $31.23 million) from the Ethereum Layer-2 network Blast to Binance... The whale has a history of... consistent profit-taking." – BitcoinWorld (29 Jul 2025 03:40 UTC) View original post What this means: This is bearish for BLAST because large transfers to centralized exchanges often precede sell-offs. It indicates that early, well-informed participants are cashing out, which can increase sell-side pressure and dampen price momentum for the token.

Conclusion

The consensus on BLAST is mixed, caught between speculative hype for a parabolic move and fundamental critiques of its ecosystem health and whale exit patterns. Watch for a sustained reversal in its Total Value Locked (TVL), which has plummeted 97% from its peak, as the key signal for any genuine network recovery.

Deep Dive

1. Mobile Incentive Overhaul (1 February 2026)

Overview: Blast replaced its Points and Gold system with liquid $BLAST incentives to streamline rewards for users and developers on Blast Mobile.

This shift aims to simplify earning mechanics and align incentives with long-term network growth. Developers building on Blast Mobile now receive $BLAST grants based on app traction, with Big Bang teams eligible for 1M Gold-equivalent tokens upon launch.

What this means: This is neutral for Blast because it reduces complexity for users but risks short-term confusion during the transition. Liquidity could improve if developers adopt $BLAST widely. (Source)

2. Yield Mechanism Upgrade (2026)

Overview: Blast’s Earn app now converts deposited USD to USDB, a stablecoin backed by MakerDAO’s DAI, offering a baseline 11.5% APY plus $BLAST rewards.

Yield fluctuates with $BLAST’s market price, introducing volatility to returns. Deposits in USDC, USDT, or USDB are auto-converted, centralizing exposure to DAI’s stability.

What this means: This is bullish for Blast because it enhances yield transparency and leverages trusted protocols, but bearish if $BLAST’s price volatility deters risk-averse users. (Source)

Conclusion

Blast’s updates prioritize mobile adoption and yield sustainability but hinge on $BLAST’s market performance. Will developer grants and USDB’s stability offset token volatility in attracting long-term users?

Deep Dive

1. Blast API Shuts Down (3 November 2025)

Overview: Bware Labs shut down the widely used Blast API service ahead of its acquisition by infrastructure giant Alchemy. This move highlighted the centralization risks in Web3's RPC layer, where a few providers control critical access to blockchains. Developers were forced to reassess their infrastructure, with many migrating to Alchemy or diversifying across multiple providers to ensure reliability and avoid single points of failure.

What this means: This is neutral to slightly bearish for Blast because it simplifies enterprise access but reduces infrastructure diversity, a core tenet of decentralization. It could temporarily disrupt developer experience but may lead to a more resilient ecosystem if builders adopt multi-provider strategies. (Yahoo Finance)

2. TVL Plunges 97% From Peak (26 August 2025)

Overview: Blast's DeFi total value locked (TVL) collapsed to $65 million, a 97% drop from its all-time high of $2.2 billion in June 2024. The decline accelerated after the BLAST token launched at a $2.9 billion valuation, which disappointed many who expected $5–10 billion. Daily active users fell sharply to 3,500 from a post-airdrop peak of 77,000, indicating a struggle to retain its ecosystem.

What this means: This is bearish for Blast as it signals a loss of user confidence and capital, driven by unmet airdrop expectations. The network must now compete for users and liquidity in a crowded Layer 2 market, where rivals like Base and Arbitrum have maintained stronger activity. (The Defiant)

3. Stage 2 Airdrop Details Emerge (29 December 2024)

Overview: An overview of top 2025 airdrop opportunities highlighted Blast's ongoing "Stage 2" community distribution. The plan allocated 100 billion BLAST tokens each to holders of Blast Points and Blast Gold, with the phase scheduled to end in June 2025. Points were earned through on-chain asset holdings and interactions with decentralized applications on the network.

What this means: This was bullish for Blast at the time, as it outlined a clear incentive mechanism to reward early users and developers, aiming to drive engagement and lock in liquidity. The success of this phase was critical for sustaining network growth post-initial hype. (Bitget)

Conclusion

Blast's trajectory is currently defined by a significant capital flight and a pivotal infrastructure consolidation, testing its value proposition as a yield-bearing Layer 2. Can the network leverage its native yield feature and upcoming airdrop phases to rebuild developer trust and recapture lost liquidity?

Deep Dive

1. Mobile App Wallet Launch (Q4 2024)

Overview:
Blast’s mobile app wallet, initially slated for Q4 2024, aimed to integrate native yield, gas fee sharing, and retroactive rewards for users who invited others during Phase 2. The wallet was designed to prioritize mobile-first dApps, with Golden Tickets offering 2x Points multipliers for users holding ETH, USDB, or BLAST (Blast Phase 2 Docs).

What this means:
This is neutral for BLAST because while improved UX could attract users, the delayed timeline (relative to the current date of January 2026) and lack of recent updates suggest execution risks.

2. Phase 2 Gold Distributions (Monthly until June 2025)

Overview:
Phase 2 allocated 5B BLAST to monthly Gold rewards for dApps, prioritizing mobile-native projects and transparent incentive designs. DApps needed to distribute existing Gold before receiving new allocations, with rankings based on traction, Blast-native focus, and use of BLAST in products (Blast Phase 2 Dapps).

What this means:
This is bearish for BLAST in 2026 because the program ended in June 2025, and recent news highlights a 97% TVL drop and user exodus post-airdrop (The Defiant).

3. Big Bang Competitions (August 2024)

Overview:
The Big Bang initiative offered $250K funding and 1M BLAST Gold to teams building on Blast, with a focus on mobile dApps. Winners gained access to investors like Paradigm and co-marketing support (Blast Big Bang).

What this means:
This is neutral for BLAST because while it spurred initial growth, projects like Blast Royale and Nyan Heroes shut down in 2025 due to funding issues, raising questions about long-term sustainability (Bitcoinist).

Conclusion

Blast’s roadmap execution faces challenges, with key milestones like the mobile wallet and Gold distributions now in the rearview mirror. The network’s 97% TVL drop and token price decline (-88.79% YoY) suggest waning momentum. Could renewed focus on real-world asset (RWA) integrations or Layer 2 partnerships revive interest?