Latest Blast (BLAST) News Update

By CMC AI
20 February 2026 09:38AM (UTC+0)

What are people saying about BLAST?

TLDR

The chatter around $BLAST is a mix of ironic rallying cries and sobering critiques of its faded hype. Here’s what’s trending:

  1. A trader hypes a "Top Blast" pump to $15M, reflecting meme-driven, bullish speculation.

  2. A critic questions the legitimacy of Blast's TVL metrics, highlighting deep skepticism.

  3. Another account declares "Top Blast szn" for price discovery, blending optimism with caution.

Deep Dive

1. @royaltybnb: Rallying cry for a speculative pump bullish

"TOP BLAST TO 15M COMING" – @royaltybnb (2.8K followers · 18 Oct 2025 03:02 UTC) View original post What this means: This is bullish for $BLAST because it represents a coordinated, meme-fueled attempt to drive short-term price momentum and retail interest, though it lacks fundamental backing.

2. @delucinator: Skepticism over inflated TVL claims 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 · 15 Oct 2025 02:09 UTC) View original post What this means: This is bearish for $BLAST because it directly challenges the network's reported growth and credibility, echoing broader concerns about its 97% TVL drop (The Defiant).

3. @SolanaDaiLo: Declaring season for price discovery mixed

"Don’t forget it’s Top Blast szn. We are about to enter price discovery very soon on $BWT." – @SolanaDaiLo (1.2K followers · 26 Jan 2026 23:32 UTC) View original post What this means: This is mixed for $BLAST as it signals speculative optimism for a breakout but ties the narrative to another token ($BWT), indicating fragmented community focus.

Conclusion

The consensus on $BLAST is mixed, split between pockets of ironic, meme-fueled optimism and widespread criticism over its collapsed ecosystem and credibility. Watch for any reversal in the network's total value locked (TVL) as a key indicator of whether sentiment can shift from skepticism to renewed belief.

What is the latest news on BLAST?

TLDR

Blast's news paints a picture of strategic expansion amidst significant network contraction. Here are the latest updates:

  1. Esports Partnership with Polymarket (13 February 2026) – Blast becomes the official prediction partner for a major esports season, embedding markets in broadcasts.

  2. TVL Plunges 97% from Peak (28 August 2025) – The network's DeFi value locked collapses to $65M as users exit following an underwhelming token airdrop.

  3. Token Rebounds After Major Unlock (4 July 2025) – BLAST price rises 15% from its all-time low, breaking a falling wedge pattern amid shifting supply pressure.

Deep Dive

1. Esports Partnership with Polymarket (13 February 2026)

Overview: Blast, the esports tournament organizer, named prediction market platform Polymarket its official prediction partner for the 2026 season. This marks the first major prediction-market sponsorship in esports, with markets for events like Counter-Strike and Dota 2 integrated directly into live broadcasts and events. What this means: This is bullish for Blast's brand and ecosystem as it drives mainstream engagement and integrates crypto-native products like prediction markets into entertainment. It represents a strategic move to capture user attention beyond traditional crypto circles. (Finance Magnates)

2. TVL Plunges 97% from Peak (28 August 2025)

Overview: Data from DeFiLlama showed Blast's DeFi total value locked (TVL) had plummeted to approximately $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, below many expectations, leading to user disappointment and an exodus. What this means: This is bearish for network health, indicating a struggle to retain capital and users post-airdrop. It highlights the challenge of sustaining growth in a competitive Layer 2 landscape when initial incentives fade. (The Defiant)

3. Token Rebounds After Major Unlock (4 July 2025)

Overview: The BLAST token price rose 15% from its all-time low of $0.0019, rebounding to $0.0023. The move broke a falling wedge pattern that began in mid-June, driven by over 10 billion tokens entering circulation. Technical indicators like the RSI and Money Flow Index turned upward, suggesting increased buying pressure. What this means: This is a neutral-to-bullish short-term signal, showing some resilience after a major sell-off event. However, the rally was noted as fragile, dependent on bulls defending the $0.0020 support level to sustain recovery. (CCN)

Conclusion

Blast is navigating a dual trajectory: forging new ground in entertainment partnerships while grappling with a severe decline in its core DeFi ecosystem. Can its foray into esports and prediction markets attract enough sustainable activity to offset the capital and user exodus?

What is next on BLAST’s roadmap?

TLDR

Blast's development is pivoting towards mobile, with these key initiatives underway:

  1. Big Bang Dapp Launches (Ongoing) – Teams from the accelerator program are launching their applications on the Blast Mobile platform.

  2. Liquid $BLAST Incentives (Indefinite) – The network has switched from Points/Gold to ongoing $BLAST rewards for users and developers.

  3. Blast Mobile App Store (Future) – The platform plans to eventually open to all builders via a built-in app store after a safe, whitelisted rollout.

Deep Dive

1. Big Bang Dapp Launches (Ongoing)

Overview: The Big Bang was an accelerator program that concluded its bootcamp phase in December 2024. Accepted teams received funding and support to build mobile-first decentralized applications (dapps). The current roadmap phase involves these teams launching their completed dapps on the Blast mainnet and, specifically, the new Blast Mobile platform. Upon launch, teams receive an equivalent of 1 million Blast Gold in $BLAST tokens for co-marketing and growth.

What this means: This is bullish for BLAST because it directly injects new, funded applications into the ecosystem, which could drive user adoption and network activity. The success of these launches is critical for reversing the network's sharp decline in Total Value Locked (TVL) and daily active users.

2. Liquid $BLAST Incentives (Indefinite)

Overview: Blast has phased out its Points and Gold system in favor of liquid $BLAST token incentives (Blast Blog). This shift is foundational for Blast Mobile, where $BLAST will serve as a native payment currency within apps. Incentives for depositing USD into the mobile Earn app (which yields ~11.5% from MakerDAO plus $BLAST rewards) are stated to be indefinite, with no set end date or cap.

What this means: This is neutral-to-bullish for BLAST. It creates sustained, direct utility and demand for the token within the mobile ecosystem. However, the constant sell pressure from yield earners could weigh on the price if not matched by sufficient buying demand or token burns.

3. Blast Mobile App Store (Future)

Overview: The long-term vision for Blast Mobile involves opening the platform to any developer. Currently, a whitelist approach is used for safety during the initial rollout. The stated goal is to eventually launch a built-in app store, transforming Blast Mobile into an open platform for mobile crypto apps. The team has not provided a specific timeline, prioritizing a safe rollout over speed.

What this means: This is a long-term bullish vision for BLAST. An open app store could significantly expand the ecosystem, attracting a wider developer base and user population. The key risk is execution and timeline, as the project must first stabilize its existing ecosystem and prove the mobile model can regain traction.

Conclusion

Blast's roadmap is a strategic pivot to mobile, using liquid token incentives to bootstrap a new wave of dapps and user engagement. Its near-term success hinges on the quality of Big Bang launches, while its long-term ambition depends on executing the mobile app store vision. Will the shift to $BLAST-based economics be enough to revitalize network growth and token value?

What is the latest update in BLAST’s codebase?

TLDR

Blast's latest development shifts from a points-based system to direct token incentives.

  1. Points to Liquid $BLAST Transition (13 February 2026) – Phasing out Points and Gold for ongoing liquid $BLAST incentives to grow the mobile network.

  2. Blast Mobile & Earn App Launch (13 February 2026) – Introducing a mobile app with a yield-earning feature, using USDB and paying rewards in $BLAST.

  3. Indefinite Deposit Incentives & App Roadmap (13 February 2026) – Committing to long-term deposit rewards and a whitelisted rollout for new mobile applications.

Deep Dive

1. Points to Liquid $BLAST Transition (13 February 2026)

Overview: Blast has ended its Season 2 points program, airdropping 5% of tokens to existing holders and replacing future rewards with direct $BLAST distributions. This makes incentives liquid and tradable immediately.

The previous system used "Blast Points" and "Blast Gold" to reward users and developers. The new model uses the native token for all future network growth initiatives, starting with the Blast Mobile launch. This change simplifies the reward structure and integrates the token directly into the ecosystem's payment and incentive layer.

What this means: This is bullish for $BLAST because it directly increases the token's utility and circulating demand, moving away from speculative points. Users now earn real assets for their participation, which could improve long-term holder commitment. (Blast Blog)

2. Blast Mobile & Earn App Launch (13 February 2026)

Overview: Blast launched a dedicated mobile application featuring an "Earn" product. Users can deposit stablecoins to earn a yield that combines a base rate from MakerDAO and additional $BLAST incentives.

The app accepts USDC, USDT, or USDB, converting all funds to USDB under the hood. The native yield feature—a core offering of the Blast L2—is now accessible in a mobile-first format. All earned yield is paid in $BLAST, meaning the APY fluctuates with the token's market price.

What this means: This is neutral-to-bullish for $BLAST because it expands accessibility and creates a new, consistent demand stream for the token through yield payouts. However, it also ties user rewards to $BLAST price volatility, which could affect adoption if the token is unstable. (Blast Blog)

3. Indefinite Deposit Incentives & App Roadmap (13 February 2026)

Overview: The team announced that deposit incentives for the Blast Mobile Earn app will continue indefinitely. Furthermore, they outlined a cautious, whitelist-based approach for onboarding new third-party applications to ensure safety before a full public app store launch.

This signals a long-term commitment to bootstrapping liquidity and a curated ecosystem. Big Bang teams will receive $BLAST grants equivalent to 1 million Gold when their apps go live on mobile, focusing incentives on apps that achieve product-market fit.

What this means: This is bullish for $BLAST because it provides predictable, long-term demand for the token from ecosystem incentives and reduces the risk of a sudden drop in promotional activity. The careful app rollout aims to build a higher-quality, sustainable ecosystem. (Blast Blog)

Conclusion

Blast's latest updates pivot sharply toward a mobile-centric, token-incentivized ecosystem, replacing its temporary points system with permanent $BLAST utility. Will this strategic shift be enough to rebuild user activity and TVL in a competitive L2 landscape?

CMC AI can make mistakes. Not financial advice.