Blast's Incentive-Driven Ecosystem

Over the last year, Layer-2 platforms have overtaken Ethereum's active addresses, supported by the growth of networks like Optimism, Arbitrum, and Base. Into this evolving landscape, the team behind the NFT marketplace Blur has introduced Blast, a Layer-2 solution that recently surpassed Base with a $1.7 billion TVL. Blast differentiates itself through an auto-rebasing mechanism that generates native yields and a strategic incentive structure designed to promote early adoption and engagement. Despite these notable early metrics, analyzing the factors behind user adoption and the characteristics of its user base is key to understanding Blast's role as an independent ecosystem and its future direction.