The Blast token ($BLAST), the native token of the Ethereum layer-2 scaling solution Blast, has experienced significant market activity following its recent launch. On June 26, 2024, 17 billion $BLAST tokens were distributed to users, resulting in a surge in trading volume and a notable increase in the token's value. The token's price rallied by 40% after its $2 billion airdrop debut, distributing $430 million worth of $BLAST. Despite initial concerns about the token's valuation, $BLAST is currently trading at $0.0254 and has reached a market cap of approximately $2.4 billion. The token's trading volume on platforms like Thruster has exceeded $150 million, with over $12 million in total value locked (TVL). Additionally, $BLAST is now available for trading on various platforms, including Bybit and HTX, with opportunities for users to earn interest and rewards through liquidity provision and other activities. The airdrop saw 12.7 billion $BLAST claimed by 312.4k users, representing 85% of the released tokens. The airdrop has also led to a significant increase in daily fees generated on the Blast network, reaching a new all-time high of $1.23 million.
Blast is down 33% in two days. With $BLAST showing up alongside bridged ETH/USDB in the @Blast_L2 dashboard, I image they'll give a MAJOR advantage in S2 to people who HODL. I'm at least HODLing till the announcement next week...@PacmanBlur always has something up his sleeve. https://t.co/eF6d7LFazG
๐ฅ๐ฅ Blast MAUs trending towards 1 million, with stablecoin users making up almost 50% of the current onchain activity on the L2. https://t.co/FRDVdm6nhS
Regardless of what anyone thinks about $BLAST, the chain paved the way for a number of hard working devs to launch great protocols and/or grow their userbase. Many of them tokenless. Gold isnโt the only potential reward on @Blast_L2 Season 2. Goldmilio https://t.co/WvTXyOv96w
My $BLAST airdrop just hit a new all time low This is a message to myself & anyone thinking that Pacman is going to "punish the sellers" next week: https://t.co/9jtgUKyzms
๐ช $BLAST token just airdropped! ๐ The Blast chain has become the 2nd-largest L2, just months after launch. Hereโs how to buy $BLAST with https://t.co/vCNztATkNg ๐ https://t.co/fv6SQwc9Kw https://t.co/flPHLhCDba
The @KaspaCurrency $KAS token is the best-performing top 100 cryptocurrency in terms of market value of the past seven days. The token has surged 26% in a week. Find out more on "Chart of the Day" presented by @cryptocom. https://t.co/O79yRl7K4s
Been seeing a lot of mixed feelings about the Blast Airdrop. Was the amount disappointing? Maybe. Was it done well? Yes. Did it leave an impression? Absolutely. A few thoughts below on how the airdrop went from a builderโs perspective.
Circle's USDC has 1.9m monthly active users (MAUs) Over the past year, @base has grown into the #1 transport layer for USDC Currently, 581k/1.9m or 30.2% of @circle's MAUs come from Base https://t.co/JxElte0srO
Seeing $BLAST bagholders tweeting about how Pacman has a master plan to "punish sellers" next week Can't help but be reminded of holders after the Elementals mint, thinking Zagabond had some grand master plan to pump the price Lower your expectations I'm sure Pacman isโฆ https://t.co/mQNlwqpH0e
โจ $BLAST S1 farming might be on pause, but @blastr_xyz degens are still enjoying the lottery draws every 1 hour.๐ฐ Over $3.1k worth of $ETH has been distributed to Blastr lottery participants in the past 24 hours๐ธ Let's take a closer look to the casino ๐ https://t.co/tE5V7qCcc5
KASPAโS $KAS TOKEN QUIETLY PUMPS WHILE OTHER ALTS FLOUNDER - POSSIBLE REASONS - Bitcoin, Ether, BNB, XRP, and other major alts are all down over the 7-day timeframeโฆ - โฆ But $KAS of @KaspaCurrency is up more than 24%. Now $KAS has a number of things going for itโฆ - $KASโฆ https://t.co/ZzfzJ3MFy6 https://t.co/zcjbzDrszU
I just took a quick look at Goldmilio Holders vs. $BLAST holdings. 218 @goldmilio holders currently hold 311,273,644 Blast, or 1.4 million tokens per wallet, before accounting for vesting. Any @Blast_L2 protocol looking for governance support should consider this. Goldmilio https://t.co/DF4LF6v9py https://t.co/NuIp4fuYMf
I must be looking at Machi's latest presale memecoin chart, not $BLAST. The price action of our favourite L2 has been brutal, to say the least. My immediate actions and thoughts on $BLAST: - Provide LP on Thruster in the first, volume-rich days. Volatility is your bread. Earnโฆ https://t.co/1KazC5Q5eq
Manta is currently trading at $1B FDV but Blast is at $2.2B atm. How does one justify Blast's valuation at $2B in light of that? Especially when considering that Blast should be discounted since it was founded by pacman.
JUST IN: $KAS OF @KASPACURRENCY NOW UP 26.3% ON THE WEEK WHILE OTHER ALTS STRUGGLE FOR GROWTH
$KAS has gained 26% in one week, becoming the best-performing of the 100 biggest cryptocurrencies by market value. reports @godbole17 https://t.co/fATMo48jew
Manta TVL is down 92.6% since the airdrop campaign ended. Time to see if Blast has been able to bootstrap an actual ecosystem/community or if the chart will look similar to Manta as farmors move to the next shiny thing. https://t.co/aZsQ0rGX2M
Blast Phase 2 is here. Opportunities to earn Blast Points & Gold, Thruster Credits, and other partner incentives are still better than ever via Thruster and our network of frens. Not too sure what to do with capital on Blast now? Check this thread out ๐ At current prices,โฆ https://t.co/epHuNLTPvP
NEW LISTING ๐ Trade $BLAST with up to 20x leverage, now live on RabbitX. The best trading experience in DeFi (see for yourself, link in comments). https://t.co/bKzh8WHc7P https://t.co/umfmS1JTJt
Coinbase leading the way to actual mass adoption via Base yet again Built on Base, powered by Ethereum https://t.co/H8sxYFkRkV
Boom! @OnlyApesxyz is now live on @Blast_L2! Fair launch coins. Instantly tradable. From creation to launch in under a minute. The whole shebang. After the bonding curve, coins will launch with @ThrusterFi LP pools, and liquidity will be permanently locked (no one can rugโฆ https://t.co/sEpLhsuDBm
1/ ๐ข Exciting news! ๐ฅ In just over a day, we've seen over $190 million in Trade volume for $BLAST on @ThrusterFi , the @Blast_l2's liquidity hub TVL is currently at a whopping $12 million! ๐ฐ https://t.co/DVCfS6qv0A
.@Base๐ต, which was incubated by @Coinbase, is on pace to attract more than six million monthly active addresses in light of Onchain Summerโ๏ธ๐ป, which has about $2 million worth of incentives for builders to onboard new users. @httpsageyd reports https://t.co/azSN45aWct
As the @Blast_L2 airdrop went live yesterday, daily fees generated on the network reached a new all-time high of $1.23M, increasing over 2400% from the previous day, and were more than all of the fees from the past week combined ($1.05M). Moreover, this represents about 7% of allโฆ https://t.co/91DLiwNiXL
Was $BLAST oversold at $2B FDV? https://t.co/te0nD3FUbZ
More thoughts on Blast. Sorry it's long. On yesterday 1) Governance tokens (and most crypto) are valued on attention, anticipation, brand, liquidity, vibes, momentum. Given PacMan's track-record on prior season launches, I thought these would work in Blast's favor. Theyโฆ https://t.co/ge2mY1DsRs
In the past 30 days, @Blast_L2 has attracted nearly 410k new users. Here are the Top trending projects by new users๐ ๐ฅ @ThrusterFi 312k ๐ฅ @spacebarxyz 124k ๐ฅ @DecentralGames 89K 4โฃ @Juice_Finance 82k 5โฃ @blastr 67K 6โฃ @particle_trade 62k 7โฃ @wasabi_protocol 62k More ๐ https://t.co/9pBiwdOnOJ
๐ง $BLAST token surges following $2 Billion Airdrop, outperforming recent crypto launches. $KAS surged by 18.5% after Marathon diversified its Digital Asset Strategy with Kaspa Mining Integration. ๐ Explore More: https://t.co/fnQuwYn4Bb #TheCryptoArk #BybitNews https://t.co/XJnm7ZGVIL
Blast Price Rebounds After Ethereum Layer-2's Massive Airdrop โบ https://t.co/p6Lsuq5b00 https://t.co/p6Lsuq5b00
Underwhelming Blast Valuation Disappoints Airdrop Farmers Blast Season 2 Invite Link: https://t.co/VW70Y886Vs @Blast_L2 @PacmanBlur @blur_io $BLAST NFT news and key statistics summarized in 90 seconds every weekday on @NiftyNoonNFT ๐งตโฌ๏ธ: https://t.co/x8F2Jay34S
Blur volume (Ethereum + Blast) went down quite a bit since yesterday's airdrop src: https://t.co/ftJftyYcjU https://t.co/DbdwtZlfVI
$BLAST from @Blast_L2 is listed on #SynFuturesV3! Trade BLAST/ETH and add liquidity to the BLAST/ETH pool for 200x O_O points! Start trading and LPing ๐https://t.co/Jpf9cjVDf4 https://t.co/oAOmWEh12G
Yesterday's $BLAST launch generated $1.25M in user fees for Pacman. Some of that paid by Blast team to airdrop tokens, but tons of activity nonetheless. It cost like ~$1k/wk to run the infra for an L2 so it shows the business profitability of an active ecosystem. https://t.co/NFvi3zb87Z
One thing I learned from @EasyEatsBodega is to LP hyped launches and make sweet fees from the trading volume. 753% APR for BLAST on @ThrusterFi is too lucrative to pass on. As $BLAST chops with high volume, LP collect the fees https://t.co/RUU6D7jgMu
JUST IN: BITCOIN MINER MARATHON MOVES INTO ALTCOIN MINING - BEGINS WITH $KAS OF @KASPACURRENCY
To Blast off, we need Thrust... ๐จ @DapDapMeUp & @ThrusterFi proudly introduce: โขย Thruster Turbo Spin โข Seamlessly interact with @Blast_L2 ecosystem frens within one, single, unified interface, and stand the chance to win massive rewards!! ๐ฐ ๐ More details ๐งต ๐ https://t.co/x1vnk53mb1
so far i've deposited $blast in @wasabi_protocol, have LPs open on @ThrusterFi, and ofc added it to my jackpot deck what else are you doing with your $blast?
๐จ @Blast_L2 Airdrop Bombshell! ๐ฃ 12.7B $BLAST claimed by 312.4k users (85% of released tokens)! But wait... 5.2B $BLAST locked in vesting contract!๐ Real circulating supply: 7.5B $BLAST Current market cap: ~$180M Are we looking at a hidden gem here? ๐๐ https://t.co/ADejjanxDA
.@zeneca is now $100,000 richer thanks to the @Blast_L2 airdrop ๐คฏ In today's episode, we give you insights on how to be eligible for Phase 2 of the airdrop, without risking your money. Plus: ๐ How is Blast different than other L2s ๐ Why you should be bullish on it โฑ TIMEโฆ https://t.co/s7oysCchuD
โ๏ธ @MarathonDH announced it has been quietly mining KAS, the native asset of the @KaspaCurrency network. KAS has rallied 600% in the past 12 months, with @Kasplex planning to introduce KRC-20 tokens to the network in the coming days ๐ Read More: https://t.co/VsXjeLG4TJ
The Blast TGE left many disappointed, opening at a $2b FDV - far from the $8b+ FDV dream. Lots of FUD, yet, lots of hope for Pacman's vision. A recap and analysis ๐ https://t.co/YiaHqkafCR
lowkey agree blast is attention play 2bn was an obvious buy zone yesterday but not planning to hold too long as noted below pacman is unpredictable and i do not trust him https://t.co/oSi2sWOvIH
BLAST, the native token of Ethereum layer-2 scaling solution Blast, surged 20% following its launch while a deluge of fake airdrop posts flooded X https://t.co/LGrp2M7fMn
Trying to remove my bag bias: 1. What does the $BLAST token ACTUALLY do? Why should anyone hold this other than price go up? Saw no communication around that 2. 12 month airdrop timeline is going to significantly reduce initial user activity and risk that people were willing toโฆ
Blast $2.B - What Next?! https://t.co/YKifsM42WT
๐ #BLASTUSDT Perpetual Contract is now Live on #Bybit! Trade with up to 50x Leverage. Available on Bybit Trading Bot - Futures Grid. ๐ Trade $BLAST: https://t.co/GGXPFlo9ct #BybitTrading #BybitContracts https://t.co/gBqbg5lBiT
Just did the math. I made $210,000 from Blast ($142,000 airdrop and ~$70,000 farming profits) I spent about 300 hours farming. That's $700/hour. I'm OK with that ๐ซก Not to mention that @YOLO_Blast still owes me a $80,000 rakeback. That will put us at a $290,000 profit. https://t.co/9Zf1YRvM3C
#Blast airdrop goes live, token up over 40% from launch ๐โ ๐ Did you claim the #airdrop? ๐ https://t.co/5G4QqC33Nl https://t.co/CJ8Jraet06
Sold my $BLAST As I mentioned before, donโt see where buy pressure will come from + this is not a normie friendly chain I feel more comfy being in $REDO + $BENJI capturing the upside of TON + Base growth The thesis is โmass adoptionโ cycle https://t.co/bDnQl2zu15
JUST IN: ALL-NEW $BLAST TOKEN COLLAPSES FROM $3B VALUATION BUT APPEARS TO HOLD AT AROUND $2.4B
NEW: @Blast_L2 TVL DROPS TO $1.522B - AMIDST $BLAST AIRDROP CLAIM https://t.co/8IWWOzH1im
5 reflections on blast 5 figure airdrop: 1. passive apy on eth was pretty great if you had some patience and didn't have warped expectations @BobLoukas: "I put a little eth to work on $blast past 5 months. Just passive. Was very happy with the drop, was like a 55% apy on eth.โฆ
Some reflections on the $Blast airdrop and strategies for season 2 which distributes $700k in rewards per day! 1) on hypocrites: criticizing that blast is a degen chain is the most hypocritical thing I've heard from people spending their money on buying tokens named afterโฆ https://t.co/qdmbKvtzVg
๐๏ธ Crypto News Ethereum L2 Blast Airdrops $430M worth of $BLAST. ๐ https://t.co/9Av9s32vrB #CryptoNews
Thruster is the best place on chain to trade and LP BLAST. Over $150 million worth of volume for BLAST has gone through Thruster so far, with over $12 million in TVL. BLAST LPs in Thruster are earning 3x Thruster Credits, 3x Blast Gold, Blast Points, fees from swappers! Liveโฆ https://t.co/fWGhPr1CUr https://t.co/Gp2ptBXAqN
NEWS: @Blast_L2 distributed 17 billion $BLAST tokens to users as it went live on June 26th 2024. Did you get the airdrop? $BLAST is currently trading at $0.0254. View price chart ๐ https://t.co/1lDbp8TPfv https://t.co/mkMPxcLQkN
Blast token rallies 40% after $2B airdrop debut ๐ https://t.co/asGQlLGTBN
Launched by popular request. If you need $BLAST you can get it here. If you want yield on your $BLAST, deposit it at https://t.co/A93VSWcChL. https://t.co/foTql3kzmd
๐ฅ $BLAST Futures Trading Carnival! Make Deposits & Trade #HTX Futures, Share a Prize Pool of 12,000 USDT! Get Started>> https://t.co/iorug212PU https://t.co/FsGYu4863W
๐ The only onchain $BLAST lending market has been deployed on Alien Finance. Supply your $BLAST at https://t.co/PUtOuq2f55 to earn interest, Blast points, Gold, $ALIEN. Use it as collateral to borrow up to 50% of its value in $USDB or $ETH for whatever you need.
Congrats to @Blast_L2 on the token launch today! Price has performed well, sitting around #150 by market cap. This makes $BLAST the most valuable Layer-2 network without its own tech stack, highlighting the monetary premium placed on the OP Stack, Arbitrum Nitro, ZK Stack, etc. https://t.co/e9B8wxvZth
Now tracking @Blast_L2's $BLAST token emissions on our Unlocks Dashboard https://t.co/ak0ccyGdB2
We've got you covered for $BLAST TGE. We're live with 2 new exclusive @ThrusterFi vaults on @Blast_L2. BLAST - WETH BLAST - USDB LP in to maximize trading fees in the first days of trading at: https://t.co/1WzmeSsa1S https://t.co/qNqCGlDOqH
BLAST is up 27% ๐ฅ Deposit & Trade $BLAST on #HTX, Share a 8,000 USDT Prize Pool! Deposit >> https://t.co/K2qvYWHaxR Trade >> https://t.co/SPglnLQmWg https://t.co/fUQjpWto20
The @Blast_L2 airdrop was better than expected after reading all the doom and gloom on the timeline this morning and claiming later in the day. Thanks @PacmanBlur https://t.co/6RtUR7I8a7
The @Blast_L2 airdrop was better than expected after reading the timeline this morning and claiming later in the day. Thanks @PacmanBlur https://t.co/HUt3ahusA5
My ETH was used to buy BLAST. I wonder if we will see $BLAST added to this points accrual box soon? https://t.co/42WuMjt9gt
43 ETH in volume on blur for 7k $BLAST is pretty brutal tbh. I guess they really don't want people using the platform to collect, only to farm.