BSCN’s Post

View organization page for BSCN, graphic

822 followers

BLAST L2 UNVEILS ‘BLAST FOUNDATION’ AS TXNS OVERTAKE ETHEREUM - The Paradigm-backed Ethereum layer-2, Blast_L2, today announced the ‘Blast Foundation’ - seemingly the not-for-profit tasked with advancing the project as it enters its next stage of growth. - Though little is yet known about the Foundation, we do know that it will take control of the L2’s social media accounts (prev. run by Arcade Research), website, and governance. - The news comes just two days before the official launch of the $BLAST token itself on June 26th - a date which promises to provide more details about the foundation itself. - June 26th will further see the project announced the 'Blast Vision', which the Foundation will work to manifest - This is likely a roadmap or some equivalent. - After just months of availability, Blast has accrued an incredible $1.785 billion in total-value-locked (TVL), per DefiLlama - a figure that reached as high as $2.3 billion in June. - What’s more, and as highlighted by founder PacmanBlur, Blast even surpassed Ethereum by way of daily transactions on June 20th, clocking an impressive 1,155,534 txns. Image: Blast_L2

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics