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Blast

BLAST#722 by market cap

Qualifies for a record and its pages are captured daily, but the record has not been written yet.

#32of 71 layer 2 networksthe typical one is worth $17.48M$1.57Kpaid in fees, 30 dayswhat people paid to use it#767of all coins by sizeworth $23.48M today31%of the supply still to come30.63B coins can still reach the market

Blast is for cheaper transactions on top of another chain. We have not written its record yet, so its promises are not checked. It trades at $0.0003, #767 of all coins by size, 99% below its highest ever price.

This week Nothing changed on its record.

A real job, real backing. No dated promises on its pages. Nothing dated ahead. #32 of 71 layer 2 networks. Nothing to be careful of on the record.

Is it real?

4 of 4tests passeda real job, real backing, something ahead, room to grow
1named backersParadigm
2 yearson the marketsince 26 June 2024
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Passes all four

  • ✓A real-world jobReal-world purpose: cheaper transactions on top of another chain
  • ✓Real backingBacking: backed by Paradigm; trades on Coinbase, Crypto.com, Bybit
  • ✓Something aheadAhead: news this month about upgrade
  • ✓Room to growRoom: worth $23.48M, 78 times smaller than Mantle, the biggest coin within reach doing the same thing (Layer 2 (L2))

Backed by Paradigm

  • Origin26 June 2024about about 2 yearsblast.io
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersNo public code repository listed
  • BackingParadigmInvestor tags from CoinGeckoListed on Coinbase, Crypto.com, Bybit, KuCoin
  • Standing on the recordNo recordNo dated promise to judge yet5 headlines last month, 1 about governmentNo corrections needed so far
Why it is worth a look
  • Real-world purpose: cheaper transactions on top of another chain
  • Backing: backed by Paradigm; trades on Coinbase, Crypto.com, Bybit
  • Ahead: news this month about upgrade
  • Room: worth $23.48M, 78 times smaller than Mantle, the biggest coin within reach doing the same thing (Layer 2 (L2))
The gap, and what to do

It is already worth more than the typical coin in Layer 2 (L2) ($17.48M). To match the leader, Mantle ($1.84B), its price would need to rise 7742%, to about $0.0265.

Still to check

  • No dated promise on record yet, so delivery cannot be judged
  • Only 5 headlines named it last month

What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.

A gap is not a forecast. Most small coins never close it. The site never picks.

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

Nothing dated has been found on its pages, so there is no date to wait for yet.

How big is it next to its rivals?

#32of 71 layer 2 networksthe typical one is worth $17.48M
$23.48Mworth todayprice × coins out
$17.48Mthe typical rival is worthLayer 2 (L2)
$1.84Bthe leader is worthMantle
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world

Cheaper transactions on top of another chain

72 coins tagged Layer 2 (L2), worth $8.85B together. #33 of 72 by worth.

Layer 2 (L2): this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • Blast$23.48Mthis coin−10.4%69% outno record
  • Mantle$1.84B78.4× bigger, +$1.82B−0.8%, gap +9.653% out0 of 2 delivered
  • POL (ex-MATIC)$1.03B44.0× bigger, +$1.01B+0.8%, gap +11.2no max0 of 14 delivered
  • Arbitrum$891.46M38.0× bigger, +$867.99M−1.3%, gap +9.167% outnone dated
  • Stacks$485.18M20.7× bigger, +$461.7M−2.4%, gap +8.0no max0 of 5 delivered
  • Optimism$227.13M9.7× bigger, +$203.66M+4.3%, gap +14.754% outnone dated
  • Starknet$201.26M8.6× bigger, +$177.78M−1.8%, gap +8.672% out10 of 24 delivered
  • Derive$140M6.0× bigger, +$116.52M−1.6%, gap +8.867% outnone dated
Same job, different how

Layer 2 (L2): this coin next to Mantle, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

Blast says
Blast is the only Ethereum Layer 2 (L2) with native yield for ETH and stablecoins.
Mantle says
Mantle is a blockchain network that aims to let financial institutions and investors issue, trade, and access real-world investment assets online.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

Blast is the only Ethereum Layer 2 (L2) with native yield for ETH and stablecoins. Blast's yield comes from ETH staking and Real-World Asset (RWA) protocols, automatically passing the yield back to users.

Problem it says it solves: cheaper transactions on top of another chain. 72 coins are working on it and together they are worth $8,848,027,927. This coin is 0% of that.

Where it trades: Coinbase, Crypto.com, Bybit, KuCoin, Upbit

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

Nothing printed today

None of the six tests fails. A missed promise counts only on a record a person has checked.

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Why is it this small?

Layer 2 (L2): this coin next to the group's largest, Mantle.

BlastMantle
Years trading2 years3 years
Major exchanges56
Named backers11
Headlines, last month531
Promises deliveredno record0 of 2

What it says is different: Blast is the only Ethereum Layer 2 (L2) with native yield for ETH and stablecoins. Blast's yield comes from ETH staking and Real-World Asset (RWA) protocols, automatically passing the yield back to users.

It is 1.3% the size of Mantle. On the facts above it is behind on major exchanges, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it. Nothing here says it will; the site does not predict.

The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.

The homework: the coin itself, the news, the record

The coin itself

$0.0003price of one−10.4% today
99%below its highest ever$0 on 26 June 2024
69%of the supply is out69.37B coins
$1.57Kpaid in fees, 30 dayswhat people paid to use it
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The last 7 days

7 days ago: $0.0003now: $0.0003 (+8.0%)

Where today sits against its highest ever price

$0.0003

Highest ever: $0.0292 on 26 June 2024. Today is 1% of that.

69%

of all BLAST that will ever exist is already out in public hands: 69.37B coins.

31% (30.63B coins) is already created but not in public hands, held by the project or locked in escrow. That is a large share, though not a majority. Those coins can be sold later, which can push the price down.

out held back. Each dot is 1%.

Pays for every use of its network

Every transaction on its network pays a fee in it. That is the built-in reason anyone needs it.

  • Every transaction on its network pays a fee in it
$0.0003price of one
×
69.37Bcoins out
=
$23.48Mworth today, #767 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 69%of the maximum supply is in circulation: 69.37B of 100B.
  • 30.63Bcoins still to be released, 31% of the maximum. Releases can add selling pressure.
  • 1.4×fully diluted value versus today's market cap. The gap is coins not yet released.
  • 1%of its all-time high of $0.0292 on 26 June 2024. That is −98.8% from the top.
  • #767by market cap, $23,477,693.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

Real use, in dollars
  • $31.64M is locked in apps built on it right now
  • Users paid $1.57K in fees to use it in the last 30 days, $1.38K of that kept by the network

From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.

What the news says

5headlines, last monththat name this coin
1about governmentregulation, courts, central banks
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Headlines per day, last 30 days

5 headlines named this coin in the last month.

What they were about

  • Price2
  • Unlock2
  • Upgrade1

Why it movedDown 10% today. Headlines that name it: DOJO PUREX 60K Introduces Blast Edition: Five New Flavors for the World's First INSTA-JUICED™ Vape (Yahoo Finance, 1d ago) Blast (BLAST) Tokenomics: Market Insights, Token Supply, Distribution & Price Data | MEXC (MEXC, 1d ago)

In the news
What people are talking about, last month:

Headlines are the publishers' own. News is never placed next to price.

The record itself

Qualifies for a record and its pages are captured daily, but the record has not been written yet.

Pages saveddailycaptured every night
Promisesnone yetno record drafted
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy