In a flurry of activity within the cryptocurrency market, Blast (BLAST) has gained attention with a notable 20% increase since its much-anticipated launch. Initially priced at $0.02 per token, Blast debuted with a fully diluted value (FDV) of $2 billion. Currently, BLAST is trading at $0.02466, showing a substantial 18% rise from its launch price.

Meanwhile, other recent token launches have faced difficulties. The Ethereum layer-2 network zkSync (ZK) and interoperability LayerZero (ZRO) have experienced declines of 46% and 43%, respectively, since their launches. Blast’s resilience highlights its appeal and positive reception in this volatile market.

The BLAST token, a newly launched layer-2 protocol, is gaining attention in its early stages. As an Ethereum Layer-2 token, BLAST offers native yield for ETH and stablecoins. While other L2s typically offer zero percent interest, BLAST provides a 3.4% yield for ETH staking and an 8% yield for stablecoin staking.

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