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VIP Wealth Hub
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Top asset management team helps you profit without hassle
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#HotTopicDiscussion #ContentStar #NewYearCelebration #contentcreator #GateioBountyCreator New Ethereum Layer 2 Blast Attracts $30M Hours After Bridge Goes Live
Blast boasts prominent investors Paradigm and "eGirl Capital" members among others, but there’s no way to withdraw funds until February.
Investors have bridged over $30 million in ether and stablecoins to Blast, the latest Ethereum layer 2 network, just hours after the project went live late on Monday.
The inflow is evidence of strong demand for Layer 2 networks or protocols that operate on top of a layer 1 blockchain, such as Ethereum, to reduce bottlenecks related to speed, cost and scalability. Bridges are blockchain-based tools that allow users to transfer tokens between different networks.