Ethereum layer-2 network Blast's native token (BLAST) has seen a 40% surge since its launch, outperforming other recent high-profile airdrops. The token debuted at $0.02, giving it a fully diluted value (FDV) of $2 billion at launch. This value has since increased to $0.0281. The airdrop released 17% of BLAST’s total supply, with 7% going to users who bridged Ether or USD to the network since late last year. However, the launch attracted criticism, with some believing the valuation fell short of expectations. The airdrop also attracted scammers, with one user reportedly losing over $217,000 to a phishing scam.