Blast distributed 17% of its native token to those staking ether earlier this year, with a debut price of around $0.03 and $3 billion market cap.
Blast attracted $2.3 billion in deposits through a one-way token bridge, receiving scrutiny for withdrawal restrictions before the network went live.
Currently, Blast has $1.62 billion in total value locked, positioning it as the second largest layer 2 blockchain after Arbitrum.
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