Claim BonusEthereum Layer 2 Blast Secures Major Exchange Listings Amid Airdrop
Highlights
- Blast, an Ethereum Layer 2 platform, has announced the launch of its native token.
- The BLAST airdrop details are expected to be unveiled on Wednesday, June 26.
- The Blast token has secured major crypto exchange listings, including Bybit and Bitfinex.
Blast, an Ethereum Layer 2 solution developed by Tieshun Roquerre, is making significant strides. The platform has garnered attention with its rapid ascent since its early access launch in November 2023. Moreover, it boasts a total value locked (TVL) exceeding $2 billion.
Blast Gears Up For Launch
Furthermore, Blast’s popularity in Blast-based games is noteworthy. Recently, Blast has also ranked among the top 10 platforms by daily fee generation. This underscores its growing influence in the blockchain space.
On Wednesday, June 26, 2024, the foundation will unveil the Blast Vision. This will offer a clearer roadmap for its future operations. Moreover, details of the Blast tokens are yet to be fully disclosed. However, it is known that there will be multiple categories for their distribution.
Latest speculations point towards rewards for Blur farmers, who may benefit from the forthcoming airdrop for the Ethereum Layer 2 token. The airdrop is part of Blast’s broader strategy to cultivate a robust ecosystem.
In addition, the network plans to allocate half of the airdrop to developers through ‘Blast Gold.’ Additionally, ‘Blast Points’ will reward early users based on their wallet activities and dapp interactions. These mechanisms are designed to incentivize both developers and users.
Ultimately, the goal is to foster growth and engagement within the Ethereum Layer 2 platform. In addition, the Blast token has registered significant crypto exchange listings for June 26 on Bitfinex and Bybit. This hints at significant adoption upon launch.
Also Read: Ethereum Layer 2 Blast to Launch Foundation This Week, Here’s Why
Bybit & Bitfinex Exchange Listing Details
On June 24, 2024, at 2:00 PM UTC, BLAST deposits became available on Bitfinex, pending network conditions. If liquidity requirements are satisfied, trading is set to begin on June 26, 2024, at around 3:00 PM UTC. Moreover, BLAST will be available for trading against US Dollars (BLAST/USD) and Tether tokens (BLAST/USDt).
Bybit, another major crypto exchange, announced on X, “BLAST is Coming Soon to the #BybitSpot Trading Platform With Blast L2. Listing: Jun 26, 3PM UTC. Deposits and withdrawals will be available via the Blast Network.” Bybit recently flipped Coinbase as the second-largest crypto exchange in the world. It now holds a 16% market share. This significant adoption suggests that Blast could witness considerable traction upon its launch as Bybit boasts a gigantic user base.
Also Read: ETH/BTC Price Prediction: Ethereum Price To Crash Another 7%?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- NYSE’s Tokenized Securities Plan ‘Bullish’ for Crypto, Binance’s Founder CZ Says
- Grant Cardone’s Cardone Capital Adds More Bitcoin Amid Crypto Market Dip
- CLARITY Act’s ‘Drastically Higher’ Disclosure Thresholds Could Push Crypto Projects Abroad, Coinbase Warns
- Trump Tariffs: China Warns U.S. on Greenland as Supreme Court Ruling Nears
- Crypto Traders Bet Against U.S. Government Shutdown Despite Looming Jan. 30 Deadline
- Top 3 Price Prediction for Ethereum, XRP and Bitcoin If Crypto Structure Bill Passes This Month
- Dogecoin Price Eyes a 20% Rebound Ahead of SCOTUS Ruling on Trump’s Tariffs
- Bitcoin Price Prediction Amid US-EU Tariff Tension
- XRP Price Prediction 2026: Will Price Rebound After Today’s Crash?
- Will Bitcoin, Ethereum, and XRP Prices Hit New Highs If the Clarity Act Is Approved This Year?
- MSTR Stock Price Prediction Amid Vanguard’s First-Ever $505M Buy as VanEck Goes Bullish
