Frontrun.pro, a crypto wallet extension, has publicly offered to buy Blast, the Ethereum layer 2 network that said earlier this month it would shut down. The opening bid is $50,000. In an Oct
Frontrun.pro, a crypto wallet extension, has publicly offered to buy Blast, the Ethereum layer 2 network that said earlier this month it would shut down. The opening bid is $50,000.
In an October 29 post, @frontrunpro addressed the @blast team directly and asked whether it would consider selling. The wallet said it has a team ready to make the blockchain "10x better" and claimed that several investors are prepared to fund Blast, provided the company is sold to it first.
According to crypto.news, the $50,000 figure is described as a starting point, and no final purchase price has been disclosed. The report also notes the post did not identify a legal entity making the offer, name the proposed investors or set out a transaction timetable.
Finwire reported that Frontrun supplied no technical plan, performance targets or budget to support its claim of making the chain ten times better. It also said the post did not describe changes to validators, infrastructure, applications or the $BLAST token, and that neither an acceptance from Blast nor a signed agreement was included. The message asked to begin discussions and provided an email address for contact.
Frontrun.pro describes itself on X as an extension wallet for faster trading, backed by @alliance and @yzilabs. At the time of writing, there was no public response from Blast to the offer in the sources reviewed.
Blast announced on October 2, 2026, that it would wind down operations because the cost of running the network had climbed past the revenue it brought in, Crypto Briefing reported. CryptoSlate said Blast sees no credible path to making the network economically sustainable.
Users were given until October 26 to withdraw through the standard interface. After that date, funds remain recoverable, but only through the Blast bridge contracts on Ethereum mainnet. Coinbase said it would suspend $BLAST trading on October 20.
The token has lost most of its value. Crypto Briefing reported that $BLAST has fallen roughly 99% from its all-time high, and dropped a further 19% to 47% immediately after the shutdown announcement, depending on the venue and timing. EGamers reported that roughly $40.4 million remained in the Blast bridge when the standard withdrawal portal closed on October 26.
Blast launched its mainnet on February 29, 2024, according to Incrypted. With the standard interface now closed and the wind-down under way, it is unclear whether the team would engage with an acquisition proposal, or what a buyer would take control of beyond the brand and remaining assets.
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