Latest Blast (BLAST) News Update

Deep Dive

1. @royaltybnb: "$15M Price Target Rally" 🚀

"TOP BLAST TO 15M COMING"
– @royaltybnb (2,293 followers · 8,940 tweets · 18 Oct 2025 03:02 UTC)
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What this means: This bullish call contrasts sharply with Blast’s 64.83% 90-day price drop, reflecting speculative optimism despite poor mid-term performance.

2. CoinMarketCap Community: "Oversold RSI Signals Rebound?" 📉

"BLAST RSI 28.03 (4h timeframe)"
– CMC Technical Post (18 Aug 2025 10:17 UTC)
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What this means: The sub-30 RSI reading suggests potential short-term buying pressure, though Blast’s 42.4% 60-day decline tempers optimism.

3. The Defiant: "TVL Death Spiral Continues" 💸

"$65M TVL (-97% from peak), 3,500 daily active users (-95% vs post-airdrop)"
– The Defiant (26 Aug 2025 22:00 UTC)
What this means: Catastrophic capital flight undermines Blast’s Layer 2 value proposition, with user retention becoming critical for survival.

Conclusion

The consensus on Blast is bearish-leaning mixed – technical traders see oversold bounce potential, while ecosystem metrics reveal deep structural issues. Watch the $0.0020 support level: A sustained break below could invalidate recent 15% recovery attempts (CCN). With Bitcoin dominance at 58.91%, altcoin headwinds compound Blast’s challenges.

Deep Dive

1. ZK-Proving Bottleneck Intensifies (24 December 2025)

Overview:
ZK-rollups like Blast face a $97M/year centralized prover market, where 60–70% of transaction fees go to GPU-dependent proof generation. Blast’s prover costs rose to ~$0.04–$0.17 per batch (4k transactions) in Q1 2025, contributing to high fees despite Ethereum’s Dencun upgrade slashing data costs by 90%.

What this means:
This structural inefficiency pressures Blast’s competitiveness against lower-cost optimistic rollups like Base. Until decentralized prover networks or ZK-specific ASICs (e.g., Cysic’s tech) mature, fee reductions may lag rivals. (Crypto.news)

2. Blast API Shuts Down Pre-Acquisition (3 November 2025)

Overview:
Bware Labs abruptly terminated Blast API’s RPC services ahead of Alchemy’s acquisition, disrupting dApp connectivity. Over 90% of ZK-L2s relied on Blast API and similar centralized providers, raising fears of censorship and MEV risks.

What this means:
The shutdown forces developers to migrate to alternatives like NowNodes or Alchemy, potentially fragmenting Blast’s ecosystem. Decentralized infrastructure remains critical for long-term resilience. (Yahoo Finance)

3. TVL Crashes 97% From Peak (26 August 2025)

Overview:
Blast’s DeFi TVL collapsed to $65M (from $2.2B in June 2024), with daily active users plummeting 95% to 3,500. The BLAST token’s FDV sank to $250M, far below its $2.9B launch valuation.

What this means:
Airdrop hunters exiting post-TGE and rival L2s (e.g., Base) capturing liquidity suggest Blast needs urgent ecosystem incentives. Long-term price forecasts remain cautiously optimistic at $0.0041–$0.015 by 2036. (The Defiant)

4. Blast Royale Ceases Operations (21 December 2025)

Overview:
The battle royale game shut down in June 2025, open-sourcing its code as its NOOB token crashed 99%. It joined 15+ crypto game closures amid a VC funding drought.

What this means:
Blast’s gaming vertical—a key growth pillar—faces existential risks. The collapse erodes developer confidence and highlights the sector’s reliance on speculative capital. (Decrypt)

Conclusion

Blast confronts a triple threat: technical bottlenecks, infrastructure centralization, and ecosystem attrition. While token unlocks briefly lifted prices (+15% in July 2025), network effects remain fragile. Can Blast leverage its native yield mechanics and pending ASIC solutions to revive developer interest, or will L2 consolidation leave it behind? Monitor prover-cost ratios and gaming-sector grant programs for turnaround signals.

Deep Dive

1. Mobile-First Yield Strategy (November 2025)

Overview: Blast replaced its Points and Gold reward systems with liquid $BLAST tokens, aligning incentives with its new mobile platform. Users now earn $BLAST directly through deposits in the Blast Mobile Earn app.

This shift simplifies rewards for users while enabling $BLAST to function as a native payment currency within mobile apps. The Earn app aggregates yield from MakerDAO’s T-Bill protocols (11.5% baseline) and $BLAST incentives, paid entirely in tokens.

What this means: This is neutral for BLAST because it reduces speculative farming of Points/Gold but ties rewards to market-driven token prices. Users gain liquidity but face volatility in yield value. (Source)

2. USDB Stability Upgrade (November 2025)

Overview: Blast’s stablecoin USDB now relies entirely on MakerDAO’s DAI reserves, improving transparency and reducing dependency on volatile RWAs.

USDB holders earn yield via MakerDAO’s on-chain T-Bill exposure, with Blast auto-converting bridged stablecoins (USDC/USDT) to USDB. The upgrade also allows 1:1 redemption of USDB to DAI when bridging back to Ethereum.

What this means: This is bullish for BLAST because it strengthens USDB’s credibility as a yield-bearing stablecoin, potentially attracting more DeFi integrations. (Source)

3. Developer Grant Program (2025)

Overview: Blast introduced case-by-case $BLAST grants for dApps launching on Blast Mobile, prioritizing projects using USDB or $BLAST as payment.

Big Bang teams (early ecosystem builders) receive $BLAST equivalent to 1M Gold upon app launch. The program aims to shift incentives from speculative airdrop farming to sustainable product development.

What this means: This is bullish for BLAST because it incentivizes utility-driven dApps, potentially increasing network activity and token demand. (Source)

Conclusion

Blast’s updates prioritize mobile adoption, stablecoin reliability, and developer alignment. While the shift to liquid $BLAST rewards introduces market exposure risks, it could deepen long-term utility. How will Blast balance token incentives with ecosystem growth as competition among Layer 2s intensifies?

Deep Dive

1. Fullstack Chain Development (Q4 2025)

Overview: Blast aims to transition from an Android-like chain (optimizing core tech) to an Apple-style "fullstack chain" by developing native wallets and infrastructure. Phase 2 includes a cryptonative-focused mobile/desktop wallet designed to surpass MetaMask’s usability, with integrated incentives to drive adoption.
What this means: This is bullish for BLAST as improved UX could attract more users and developers, but execution risks remain high given competition (e.g., Coinbase Wallet, Phantom). Success depends on seamless integration with Blast’s native yield and dapp ecosystem.

2. Phase 2 Points & Gold (July 2025)

Overview: Blast allocated 10B BLAST for Phase 2 rewards, split evenly between Points (user holdings) and Gold (dapp traction). Points now include BLOCK token balances (pending governance vote), while Gold emphasizes mobile dapps and transparency in distribution criteria (Blast Blog).
What this means: Neutral-to-bullish. While incentives may boost short-term activity, sustaining engagement requires dapps with genuine utility. The shift toward mobile and clearer Gold criteria could reduce speculative farming seen in Phase 1.

3. Mobile DApp Push (Ongoing)

Overview: Blast will prioritize mobile dapps via monthly Gold distributions, Big Bang competitions, and visibility in the Blast App. New dapps receive higher Gold allocations to level the playing field against established projects.
What this means: Bullish if successful, as mobile adoption is critical for mainstream crypto use. However, developer buy-in is key—Blast must compete with ecosystems like Solana and Base, which already have strong mobile traction.

4. Golden Ticket Rewards (Q4 2025)

Overview: Installing the Blast App grants Golden Tickets, doubling Points earnings and unlocking exclusive rewards (e.g., Cybertrucks, hoodies). This ties user incentives directly to app adoption, aligning with Blast’s fullstack vision.
What this means: Bullish for user retention but risks over-reliance on gamification. The retroactive application of invite rewards (post-wallet launch) may delay network effects.

Conclusion

Blast’s roadmap balances infrastructure development (wallet, fullstack chain) with targeted incentives (Points, Gold) to deepen its cryptonative user base and push into mobile. While the focus on degens and gamified rewards carries volatility risks, the long-term vision to “unbank the banked” via native yield and USDB could differentiate Blast in the crowded L2 space. Will Phase 2’s mobile pivot attract sustainable adoption, or will incentives again drive transient activity?