Blast has announced it will cease operations after determining that ongoing maintenance costs exceed revenue with no viable path to economic sustainability. The Layer 2 network stated its original goal of building a self-sustaining chain for users and developers is no longer feasible, prompting a gradual shutdown focused on safe asset migration. All users must withdraw assets from Blast to Ethereum mainnet before October 26, 2026, including balances held in the Blast PWA. To facilitate this process, withdrawal delays have been reduced to 24 hours, though withdrawals will be temporarily paused for approximately one week while Blast withdraws its Lido assets. After the deadline, funds remain accessible but require direct interaction with the Blast bridge contract on Ethereum L1, with detailed instructions to be published prior to the cutoff date.