Blockchain and Web3 industry technology layer 2 focuses on capabilities and investments? Newcomer takes off. TVL $23 billion, up 23% week-on-week

Blast, the BLUR-led Layer 2 network, has surpassed $2.3 billion in total transaction volume (TVL). This is an increase of 22.90% over the previous week. In addition, a specific whale address has deposited 3,272 ETH ($11.3 million) on Blast, a Layer 2 blockchain whose main network launched on March 1. The total value of locked-up deposits (TVL) prior to the mainnet activation reportedly exceeded $2.3 billion, and there has been a significant influx of funds targeting the airdrop in recent days. Blast will reward users with points in May, which will be tied to an upcoming token airdrop. "50% of the airdrop will be allocated to users and 50% to gold (Blast-enabled dapps)," Blast said. The gold will be distributed to dapps every two weeks."

The Mainnet launch was not without its problems. Thruster, a decentralized exchange (DEX) powered by Blast, the Blur-led Ethereum Layer 2 network, confirmed on March 1 that there were issues with its front-end implementation. Excess funds sent to the router were not automatically returned to users, and corrective and preventative measures were completed within minutes of the issue being identified. In addition, a specific address on a phishing site impersonating Blast was used to steal $71.7 million in BTC and PANDORA.