Latest Blast (BLAST) News Update

Deep Dive

1. @delucinator: "TVL numbers are theater" bearish

"Imagine Blast [...] allowed to just post some numbers and call it their TVL"
– @delucinator (28.4K followers · 9.7K posts · 2025-10-15 02:09 UTC)
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What this means: This critiques Blast’s reliance on incentive-driven Total Value Locked metrics, suggesting its ecosystem growth may lack organic demand. Bearish for long-term credibility.

2. The Defiant: TVL drops 97% from peak bearish

Blast’s TVL plunged to $65M (from $2.2B peak) as airdrop farmers exited post-token launch. The network now averages just 3,500 daily users vs. 77,000 post-airdrop.
What this means: Failed retention of speculative users exposes weak product-market fit. The $BLAST FDV fell to $250M from $2.9B launch, signaling eroded confidence.

3. CCN: 15% rebound from ATL bullish

BLAST rose to $0.0023 (July 2025) after breaking a falling wedge pattern, with RSI crossing 50. Analysts eye $0.0041 if buying pressure holds.
What this means: Technical traders see contrarian opportunity despite weak fundamentals. The 83.72 RSI reading (15m chart) signals overheated momentum trades.

4. CoinMarketCap: Whale moves $31M to Binance neutral

A whale deposited 8,231 $ETH ($31M) from Blast to Binance after earning $12M via yield farming. This follows a $102M initial deposit in 2023.
What this means: Profit-taking by early adopters could pressure prices, though the whale retains ~36K ETH on Blast, suggesting ongoing engagement.

Conclusion

The consensus on Blast is mixed – technical traders see oversold bounce potential ($0.002–$0.0041 range), while fundamentals reflect broken incentives and user exodus. Watch the 30-day TVL trend (currently -30%) for signs of stabilization, and monitor whether SushiSwap’s integration drives sustainable yield farming activity. For Layer 2s, adoption > airdrop farming.

Deep Dive

1. TVL Plunges 30% in a Month (26 August 2025)

Overview: Blast’s DeFi TVL collapsed to $65M, a 97% drop from its peak and 30% monthly decline, driven by user exodus after its token launch at a $2.9B valuation (below expected $5B–$10B). Daily active users plummeted to 3,500 from 77,000 post-airdrop.
What this means: This is bearish for Blast because capital flight reflects unmet expectations and erodes network utility. TVL decline may deter developers, compounding ecosystem fragility.
(The Defiant)

2. Whale Moves $31M from Blast (29 July 2025)

Overview: A whale withdrew 8,231 ETH ($31M) from Blast to Binance after earning $12M+ from yield farming. This entity had deposited 45,000 ETH in 2023, indicating strategic profit-taking.
What this means: This is neutral-bearish for Blast because large holders exiting can signal waning confidence, potentially triggering retail follow-through. However, it also reflects successful yield strategies.
(CoinMarketCap Community)

Conclusion

Blast’s trajectory hinges on reversing capital outflows and rebuilding user trust after TVL collapse and whale exits. Can innovative incentives or protocol upgrades reignite its ecosystem momentum?

Deep Dive

1. Mobile Incentives Shift (Jan 2025)

Overview: Blast phased out its Points and Gold rewards system, transitioning to liquid $BLAST tokens to streamline payments within Blast Mobile apps.

This shift required smart contract updates to enable direct $BLAST distribution for user activity. Developers now receive grants in $BLAST instead of Gold, aligning incentives with token utility.

What this means: This is neutral for Blast because it simplifies rewards but ties user engagement directly to $BLAST’s market performance. (Source)

2. API Shutdown Impact (Oct 2025)

Overview: Blast API’s shutdown prompted developers to migrate to alternatives like Alchemy or multi-chain providers, impacting node infrastructure code.

The change highlighted reliance on centralized RPC providers, pushing teams to adopt redundancy protocols. Blast’s documentation now emphasizes multi-provider setups for resilience.

What this means: This is bearish short-term due to migration friction but bullish long-term for decentralization efforts. (Source)

3. Yield Mechanism Upgrade (Jan 2025)

Overview: Blast Mobile’s Earn app now auto-converts deposits to USDB (backed by MakerDAO’s DAI), offering yield via $BLAST payouts.

Smart contracts were updated to handle cross-chain conversions and dynamic APY calculations based on $BLAST’s price. Yield sources include MakerDAO’s 11.5% baseline rate and protocol incentives.

What this means: This is bullish for Blast because it attracts yield seekers but exposes users to $BLAST’s volatility. (Source)

Conclusion

Blast’s updates reflect a pivot toward mobile-first DeFi and infrastructure resilience, though token-centric incentives introduce market dependency. How will developer adoption of $BLAST-driven dApps shape its ecosystem maturity?

Deep Dive

1. Blast Mobile App Store (2026)

Overview:
Blast Mobile aims to transition from a closed whitelist model to an open app store, enabling third-party developers to launch crypto apps. This follows the initial rollout of first-party apps like Earn, which offers yield via USDB (Blast’s yield-bearing stablecoin).

What this means:
This is bullish for BLAST because broader app adoption could increase utility for $BLAST as a payment currency and staking asset. However, delays in security audits or developer onboarding could slow progress.

2. Sustainable dApp Incentives (Ongoing)

Overview:
Blast is phasing out Blast Gold/Points in favor of $BLAST grants for dApps demonstrating product-market fit without reliance on artificial incentives. Priority goes to projects using $USDB or $BLAST natively (Blast Mobile Launch Q&A).

What this means:
This is neutral for BLAST, as it reduces inflationary tokenomics but risks slowing short-term ecosystem growth if viable dApps struggle to attract users organically.

3. Earn App Yield Expansion (2026)

Overview:
Blast’s Earn app offers 11.5% baseline yield (via MakerDAO’s DAI) plus variable $BLAST rewards. Incentives are uncapped, with APY fluctuating based on $BLAST’s market price and deposit volumes.

What this means:
This is bearish near-term due to potential sell pressure from yield farmers, but bullish long-term if sustained deposits deepen liquidity and stabilize APY.

Conclusion

Blast is pivoting toward sustainable growth via mobile adoption and reduced farm-and-dump incentives. While ecosystem expansion could revive network activity, reliance on $BLAST’s price stability for yield payouts introduces volatility risks. Will Blast Mobile’s app store attract enough developers to offset declining TVL?