Ethereum L2 protocol Blast, created by the NFT marketplace Blur team, continues to take strong steps with the increasing interest of whales. Tieshun Roquerre, the founder of NFT Blur, made statements about the newly launched L2 platform Blast, addressing the concerns that emerged in the past hours.
Scope Protocol, an on-chain data expert, observed that an unknown fund or whale with the address ‘0x59a6’ invested 15,000 staked Ethereum (stETH) worth 31.52 million dollars in Ethereum L2 protocol Blast. The mentioned address is currently the largest investor on the Blast bridge.
However, Blast’s total locked value (TVL) did not exceed 460 million dollars. The existence of Blast signifies an important step in the Ethereum ecosystem and demonstrates the increasing interest in Layer 2 solutions.
Different approaches have been adopted within the crypto community regarding Blast. Some community members claim that Blast is a useless L2. During this process, investment transactions are mostly made to Lido and Maker. Another group expresses that transitioning to an irretrievable chain that provides a “risk-free return” is a reckless decision.
To reassure investors, a statement was made by Packman, the founder of Blur. In the statement, referring to the FUD related to Blast’s invite-based rewards, it was mentioned that the invite system is not a new idea but rather a concept that has been accepted for some time.
Along with Blast, which continues to be the focus of whales, BLUR tokens also experienced a rise after the second airdrop. As previously reported, it was observed that 25 whales accumulated BLUR tokens. As a result, it was seen that the majority of these tokens were staked since the launch of the Blur NFT marketplace for them.
