Ethereum News

Ethereum Layer 2 Blast Secures Major Exchange Listings Amid Airdrop

Ethereum Layer 2 solution Blast has announced the launch of its native token, which has received significant crypto exchange listings ahead of an airdrop.
Published by
Ethereum 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.

Advertisement

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

Advertisement

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%?

Advertisement

Share
Coingapestaff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and 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.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Bitcoin News

Crypto Market Rally: BTC, BNB, SOL, XRP, ETH Surge Amid Q4 Momentum

The crypto market is seeing renewed bullish momentum to begin the fourth quarter of this…

October 3, 2025
  • 24/7 Cryptocurrency News

Bitcoin ETFs Record $2.2B Weekly Inflows as BTC Price Surges Past $120K

Bitcoin ETF products recorded more than $2.2 billion in weekly inflows, building on the momentum…

October 3, 2025
  • 24/7 Cryptocurrency News

Nomura Eyes to Ripple Dominance in Crypto Trading in Japan as Demand Rises

Nomura Holdings, Japan's largest brokerage and investment banking group, eyes to ripple its dominance to…

October 3, 2025
  • 24/7 Cryptocurrency News

Sharps Technology Plans $100M Buyback to Boost Solana Treasury as SSK ETF Hits Record $382M AUM

Sharps Technology has announced a $100 million stock buyback plan, suggesting further investment plans in…

October 3, 2025
  • Bitcoin News

Will Bitcoin Reverse to $115K Max Pain Price amid Crypto Options Expiry Today?

Bitcoin surges above $120K following massive capital inflows into the crypto market in response to…

October 3, 2025
  • 24/7 Cryptocurrency News

Cardano Gets 100 Million User Exposure With Brave Integration, Whales Scoop 70M ADA

Cardano announced its integration with self-custody crypto wallet Brave, which gives native cryptocurrency ADA exposure…

October 3, 2025