Blast Shuts Down Layer 2, Bridge Assets Fall 84% to $6.51M

The collapse in bridge assets from the October level shows how quickly a Layer 2's liquidity can evaporate once users head for the exits, and the bridge figure is now the clearest gauge of what remains exposed. The immediate burden falls on users still holding assets on the network, who must now navigate a recovery process rather than an operating chain. Whether the recovery site produces orderly withdrawals — and whether the remaining bridge balance holds or keeps draining — is the open question worth watching.