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Altcoins

This Altcoin Network Has Officially Shut Down; It Was Once Incredibly Popular—A Deadline Has Been Announced for Users Who Still Have Funds o...

Ethereum’s second-layer network, Blast, officially announced the end of its operations today. The team stated that the recovery system for users with remaining assets on the network will rema

AnonymousCryptoCompass newsroom
November 4, 2026
2 min read
NEWS
This Altcoin Network Has Officially Shut Down; It Was Once Incredibly Popular—A Deadline Has Been Announced for Users Who Still Have Funds o...
CryptoCompass editorial visual for altcoins coverage.

Ethereum’s second-layer network, Blast, officially announced the end of its operations today. The team stated that the recovery system for users with remaining assets on the network will remain open for one year.

According to Blast’s statement via X, those with ETH or dollar balances in second-tier wallets, incomplete withdrawal transactions, and Blast Mobile users will be able to retrieve their assets through the official website.

The recovery site’s final support date has been set as November 4, 2027. This marks a 12-month period during which users can access their balances after the network shuts down.

Blast’s recovery interface covers ETH, WETH, and USDB balances. Transactions initiated for withdrawal to Ethereum but not completed are also automatically added to the address’s entitlement.

Related News: BREAKING: North Korea Issues Official Statement on the Binance Hack

Users can check which assets they are eligible to claim by querying their wallet addresses. Recovery processes are carried out via smart contracts on the Ethereum mainnet.

The process for Blast Mobile is different. The official guidelines state that the mobile wallet does not exist on Ethereum with the same address and that the wallet needs to be transferred to a compatible application. The team requests that only official channels be used during the recovery process.

*This is not investment advice.

Continue Reading: This Altcoin Network Has Officially Shut Down; It Was Once Incredibly Popular—A Deadline Has Been Announced for Users Who Still Have Funds on the Network