Latest Blast (BLAST) News Update

By CMC AI
23 February 2026 08:59AM (UTC+0)

What are people saying about BLAST?

TLDR

The Blast community is split between hopeful speculators and skeptical observers watching a network in decline. Here’s what’s trending:

  1. A trader predicts a massive price surge to $0.015, framing it as an imminent opportunity.

  2. A critic questions the legitimacy of the network's reported TVL, implying inflated metrics.

  3. A developer mocks the value of farming "Blast Gold" and similar points on emerging L2s.

Deep Dive

1. @royaltybnb: Bullish price prediction for BLAST token bullish

"TOP BLAST TO 15M COMING" – @royaltybnb (2,785 followers · 18 October 2025 03:02 UTC) View original post What this means: This is bullish for BLAST because it expresses strong conviction in a near-term price target of $0.015, which would represent a monumental rally from its current price of ~$0.0005 and could attract speculative buying interest.

2. @delucinator: Skeptical take on Blast's TVL reporting bearish

"Imagine Blast Scroll Linea Mode Manta except the team is allowed to just post some numbers and call it their TVL" – @delucinator (28,454 followers · 15 October 2025 02:09 UTC) View original post What this means: This is bearish for BLAST because it casts doubt on the authenticity of the network's key health metric, Total Value Locked (TVL), suggesting it may be misleading and eroding trust in the project's fundamentals.

3. @delucinator: Mocking the value of L2 points farming bearish

"When you farm decentralized perpetual exchange points ask yourself what these may be: Mode points, Scroll Marks, Blast Gold, Linea XP and whatnot besides the top 2~3 (Arb/OP equivalent) good luck!" – @delucinator (28,454 followers · 23 October 2025 12:44 UTC) View original post What this means: This is bearish for BLAST because it diminishes the perceived value of its core user incentive program ("Blast Gold"), placing it among many speculative point systems and questioning its long-term utility for participants.

Conclusion

The consensus on BLAST is mixed, caught between pockets of speculative price hope and widespread skepticism about its ecosystem health and incentive models. Watch for a sustained reversal in the network's declining TVL as a critical signal for any potential recovery.

What is the latest news on BLAST?

TLDR

Blast's narrative has shifted from explosive growth to a struggle for retention, marked by a dramatic capital exodus. Here are the latest news:

  1. TVL Plunges 97% as Users Exit (26 August 2025) – Network's DeFi value locked collapses to $65M, signaling a post-airdrop exodus.

  2. Price Rebounds 15% After Token Unlock (4 July 2025) – BLAST surged from its all-time low as selling pressure from a major unlock eased.

  3. Sushi DEX Launches on Blast Network (4 March 2024) – Major integration brought swap functionality and concentrated liquidity to the L2.

Deep Dive

1. TVL Plunges 97% as Users Exit (26 August 2025)

Overview: Blast, once the second-largest Ethereum Layer 2, has seen its DeFi total value locked (TVL) plummet 97% from its all-time high to just $65 million, with a 30% drop in the past month alone. This decline is attributed to user disappointment following the BLAST token's launch at a $2.9 billion valuation, which was below the expected $5–10 billion range. Daily active users have fallen sharply to 3,500 from a post-airdrop peak of 77,000. What this means: This is bearish for BLAST because it reflects a failure to retain its initial user base and capital, underscoring the challenge of moving beyond airdrop farming to build a sustainable ecosystem. The network's fortunes are now tightly linked to its ability to reignite developer and user interest. (The Defiant)

2. Price Rebounds 15% After Token Unlock (4 July 2025)

Overview: The BLAST token price rebounded 15% from its all-time low of $0.0019, reached on 2 July 2025, following a major token unlock that released over 10 billion tokens into circulation. Technical indicators showed bullish momentum, with the Relative Strength Index (RSI) rising, suggesting increased buying pressure. What this means: This is a neutral-to-bullish short-term signal, indicating that intense selling pressure from the unlock may have been absorbed. However, the rally was described as fragile, requiring continued bullish momentum to sustain a recovery toward the next resistance level near $0.0026. (CCN)

3. Sushi DEX Launches on Blast Network (4 March 2024)

Overview: The decentralized exchange Sushi launched on Blast, integrating its v2 and v3 Automated Market Makers (AMMs). This allowed users on Blast to swap tokens and provide liquidity while earning the chain's native yield automatically on deposited WETH and USDB. What this means: This was a bullish development for Blast's ecosystem, as it added critical DeFi infrastructure from a major player. It demonstrated early utility for Blast's unique native yield feature and aimed to attract liquidity and users from Sushi's established community. (Sushi)

Conclusion

Blast's trajectory illustrates the volatile cycle of hype and reality in crypto, where initial success driven by lucrative airdrops has given way to the hard task of maintaining a viable ecosystem. Can the network leverage its native yield technology to attract new, lasting utility, or will it remain a case study in post-airdrop attrition?

What is next on BLAST’s roadmap?

TLDR

Blast's development continues with these milestones:

  1. Fullstack Chain Development (Phase 2 – 2026) – Building an integrated ecosystem with a native wallet to improve user experience.

  2. Blast Mobile Ecosystem Expansion (2026) – Rolling out new first and third-party apps to grow the mobile-native user base.

  3. Liquid $BLAST Incentives (Ongoing) – Replacing Points and Gold with direct token rewards to drive network engagement.

Deep Dive

1. Fullstack Chain Development (Phase 2 – 2026)

Overview: Blast is transitioning to a "fullstack" approach in Phase 2, inspired by Apple's integrated model (Blast Vision). The core initiative is developing a dedicated desktop and mobile wallet for cryptonatives, aiming to surpass the experience of existing options like MetaMask. This strategy seeks to reduce fragmentation and friction by optimizing the entire user stack, not just the blockchain layer.

What this means: This is bullish for BLAST because a superior, integrated wallet could significantly improve user onboarding and retention, potentially reversing the network's declining activity. However, it is bearish as execution risk is high; building a successful wallet is intensely competitive and requires flawless product-market fit to attract users away from established incumbents.

2. Blast Mobile Ecosystem Expansion (2026)

Overview: The Blast Mobile platform is set to grow with new applications (Blast Mobile Launch Q&A). The initial rollout involves a whitelist of vetted teams for safety, with plans to eventually open an in-app store. The focus is on dapps that achieve organic product-market fit and utilize $USDB or $BLAST as payment currencies.

What this means: This is neutral to bullish for BLAST as a curated expansion prioritizes quality and security, which could build trust and sustainable usage. The bearish angle is the lack of a set timeline; a slow, closed rollout might delay network effects and limit growth while competitors move faster.

3. Liquid $BLAST Incentives (Ongoing)

Overview: Blast has phased out its Points and Gold system in favor of direct, liquid $BLAST token incentives (Blast Mobile Launch Q&A). These incentives are indefinite and will be used to reward activities like depositing USD into the Earn app, with yield paid in $BLAST. Big Bang teams will also receive $BLAST grants upon launching their apps.

What this means: This is bullish for BLAST because liquid rewards are more transparent and immediately tradable, which could improve user satisfaction and incentivize genuine, long-term engagement. The risk is that indefinite incentives could lead to inflationary sell pressure if not carefully managed, potentially dampening token price.

Conclusion

Blast's roadmap pivots towards an integrated, mobile-first ecosystem powered by direct token incentives, aiming to transition from its "degen chain" origins to mainstream usability. Will the fullstack approach be compelling enough to win back users in a crowded Layer 2 market?

What is the latest update in BLAST’s codebase?

TLDR

The latest developments focus on ecosystem expansion rather than core protocol code changes.

  1. Blast Mobile Launch & Incentive Restructure (13 Feb 2026) – Phases out Points/Gold for liquid $BLAST rewards and launches a mobile Earn app.

  2. Blast API Infrastructure Shutdown (Late Oct 2025) – Bware Labs discontinued the Blast API RPC service ahead of its acquisition by Alchemy.

  3. Sushi DEX Integration on Blast L2 (4 Mar 2024) – Enabled swaps, liquidity provision, and native yield distribution via Sushi's v2/v3 AMM.

Deep Dive

1. Blast Mobile Launch & Incentive Restructure (13 Feb 2026)

Overview: This major product launch shifts all user incentives from the legacy Points and Gold system to liquid $BLAST tokens. It introduces a mobile "Earn" app where users can deposit USD stablecoins to earn yield paid in $BLAST.

The update fundamentally changes the network's growth mechanics. Future apps within Blast Mobile will use $BLAST as a native payment currency. The yield in the Earn app combines MakerDAO's baseline rate (11.5%) with extra $BLAST incentives, meaning the final APY fluctuates with the token's market price. Big Bang teams will receive $BLAST grants equivalent to 1M Gold when their apps go live on the mobile platform.

What this means: This is bullish for $BLAST because it creates a direct, ongoing utility for the token as both a reward and a payment method within a new mobile ecosystem. It makes earning rewards simpler for users but introduces new volatility risk since all yield is paid in $BLAST. (Blast Blog)

2. Blast API Infrastructure Shutdown (Late Oct 2025)

Overview: This was a third-party infrastructure change where Bware Labs shut down the "Blast API" RPC service. It forced developers to migrate to alternative providers like Alchemy or diversify their infrastructure.

The shutdown highlighted centralization risks in Web3 development infrastructure. It did not involve changes to the Blast blockchain's own code but impacted how dApps connect to it. Developers had to reassess their RPC provider strategy for reliability and decentralization.

What this means: This is neutral for $BLAST in the long term but was a short-term operational hurdle for developers. It underscores the importance of robust, diversified infrastructure for the health of the entire ecosystem, which benefits from fewer single points of failure. (Yahoo Finance)

3. Sushi DEX Integration on Blast L2 (4 Mar 2024)

Overview: This integration brought SushiSwap's decentralized exchange liquidity to Blast, allowing users to swap tokens and provide liquidity while earning Blast's native yield automatically.

Sushi's v2 and v3 AMMs were deployed on Blast. A key technical feature was the use of Merkle proofs to ensure liquidity providers received their share of the native yield generated by the underlying WETH and USDB in the pools. This required smart contract adjustments to handle yield distribution correctly.

What this means: This was bullish for $BLAST as it significantly improved the chain's DeFi utility and user experience by integrating a major DEX. It provided more ways for users to engage with the network and earn rewards, supporting broader adoption. (Sushi Blog)

Conclusion

Blast's recent trajectory prioritizes product-led growth and ecosystem utility through its mobile launch, shifting from airdrop farming to sustainable token incentives. While core protocol updates appear less frequent, the focus is on building a usable consumer layer. Will the pivot to mobile successfully drive the next wave of user adoption and demand for $BLAST?

CMC AI can make mistakes. Not financial advice.