Is This Altcoin Facing Decline? Founder Hasn't Spoken in Months

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Aug 19 2025

BLAST0%

ALT+3.03%

Should l Buy BLAST?

Decline in Total Value Locked: The total value locked (TVL) in the Ethereum Layer 2 network Blast (BLAST) has fallen to approximately $67 million, a significant drop of about 97% from its peak of $2.2 billion in June 2024.
Inactive Social Media Presence: Both the official Blast account and founder Pacman's Twitter have been inactive for over three months, raising concerns about the project's future.
Price Drop of BLAST Token: The BLAST altcoin has decreased by 16.79% in the last week, currently valued at $0.002597, marking a staggering 99.5% decline since its high of $0.5223 on June 26, 2024.
Market Capitalization and Trading Status: BLAST's market capitalization is around $114 million, down from over $400 million at launch, with approximately 44 billion tokens in circulation; notably, it is not traded on Binance despite being listed on Coinbase and Bybit.

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Technical Analysis for BLAST

Technical Sentiment Analysis for Blast (BLAST). As of , Blast (BLAST) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 4 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BLAST stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, BLAST is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Blast (BLAST) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.000237	0.000374	0.000475	0.000612	0.000713	0.00085	0.000951
Fibonacci	0.000374	0.000465	0.000521	0.000612	0.000703	0.000759	0.00085

About BLAST

Blast is the only Ethereum Layer 2 (L2) with native yield for ETH and stablecoins. Blast's yield comes from ETH staking and Real-World Asset (RWA) protocols, automatically passing the yield back to users. While other L2s have a default interest rate of 0%, Blast offers 3.4% yield for ETH and 8% for stablecoins. Blast is unique in providing builders with new building blocks: native yield and gas revenue sharing. Dapps can use these to build more competitive products and business models than on any other chain.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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