Blast closes its Ethereum layer 2 and launches asset recovery portal
Blast has discontinued its Ethereum layer 2 network and opened a recovery site for eligible ETH, WETH and USDB claims.
Blast has discontinued its Ethereum layer 2 network and opened a recovery site for eligible ETH, WETH and USDB claims. Ethereum (ETH) is trading at ₹2,29,421 ($2,424.65), up 0.1% since this brief published. This is an original Token Times brief based on reporting by Cryptopolitan, with live market data added, as of Thu, 05 Nov 2026 01:45:01 UTC.
The closure shifts users’ focus from network activity to recovering assets left on Blast. The ability to claim three supported assets until Nov. 4, 2027, establishes a long recovery window for account holders.
- Blast closed its Ethereum layer 2 on Nov. 4.
- Users can claim eligible ETH, WETH and USDB through a recovery site.
- The claim period runs until Nov. 4, 2027.
- Ethereum trades at $2,421.52, up 6.44% over 24 hours.
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- Blast closes its Ethereum layer 2 and launches asset recovery portal — this brief
Blast closed its 
Ethereum layer 2 on Nov. 4 and launched a dedicated recovery site, according to Cryptopolitan. The portal allows users to claim remaining ETH, WETH or USDB balances, with the claim window extending through Nov. 4, 2027.
Cryptopolitan is the only outlet supplied with coverage of the closure, so the shutdown date, supported assets and recovery deadline all come from a single source. No independent reporting was provided to confirm those details or establish whether other Blast services remain available.
The development concerns users who still hold supported assets associated with the discontinued network. Blast’s move to a long-dated recovery process means eligible balances must be claimed through the designated site before the Nov. 4, 2027, deadline, making continued access dependent on the recovery process rather than normal layer-2 network use.
Live market context shows a broadly positive crypto backdrop. Ethereum is priced at $2,421.52, gaining 6.44% over 24 hours and 2.78% over seven days, while its market capitalization stands at $295.88 billion. 
Bitcoin is up 3.96% over 24 hours as the total crypto market capitalization reaches $2.76 trillion, and the Fear & Greed index is at 50, indicating a neutral reading. The main item to monitor for Blast users is the Nov. 4, 2027, recovery deadline, with claims limited to the ETH, WETH and USDB described in the report.
Since this brief published about 5 hours ago, Ethereum (ETH) has moved from ₹2,29,124.64$2,421.52 to ₹2,29,420.80$2,424.65 — +0.13%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₹247,811.35 (about $2,424.65), up 7.2% over 24 hours. The rupee itself trades about 8.0% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Blast closes its Ethereum layer 2 and launches asset recover — questions & answers
What assets can users recover from Blast?
Cryptopolitan reports that users can claim leftover ETH, WETH and USDB through Blast’s recovery site.
When is Blast’s recovery claim deadline?
The recovery site is open until Nov. 4, 2027.
When did Blast shut its Ethereum layer 2?
The network closed on Nov. 4, according to Cryptopolitan.
How much is 1 Ethereum worth in rupee today?
About ₹247,811.35 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,424.65. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is up 0.13% since this brief first published — trading at ₹2,29,421 ($2,424.65) now versus ₹2,29,125 ($2,421.52) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Cryptopolitan. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.