Abstract is shutting down on december 15.
It had 400K+ users, 144 apps and 325M transactions.
Igloo still lost tens of millions of dollars funding it over about 18 months.
I think this is a more useful L2 failure to study than Blast, because it’s a different failure.
Blast’s TVL fell 98% from $2.27B. Its daily revenue the day before the shutdown was $110.
Nobody was using it.
Abstract had users and still couldn’t pay for itself.
Here’s the mechanism.
An L2 earns its revenue from fees:
> Brand brings wallets
> Some wallets become active users
> Active users make transactions
> Transactions pay

BLAST-8.25%

PENGU-1.29%

TOKEN-2.25%

moonking an hour ago

I think it's safe to assume that $PLUME has bottomed
Official bottom is now marked around $0.009, printed in February and retested in June
@plumenetwork to go on a crazy up-only run?

PLUME+7.92%

UnaYouna 44 minutes ago

Heaven and earth are impartial, treating all things as straw dogs.
$SOL laid the market bare early this morning
The market has no emotions and will not rise just because you are hoping for gains. All losses stem from subjective expectations overriding market signals. Only by respecting the objective structure shown by the candlesticks can every trade have a clear rationale.

SOL+0.46%

cryptoairixan hour ago

🔥🏎️
#GateXRedBullWinsSingaporeGP
The Singapore Grand Prix brings together speed, precision, strategy, and the unstoppable spirit of competition! 🏆✨ The partnership between GateX and Red Bull represents the energy of innovation, the determination to push boundaries, and the ambition to achieve extraordinary results.
🌃 Singapore GP: Where Champions Rise!
The Singapore Grand Prix is one of the most demanding races on the Formula 1 calendar. Its challenging street circuit, tight corners, intense conditions, and limited room for error make every lap a serious test of skill and concentration. Su

𝐋𝐨𝐧𝐠𝐓𝐞𝐫𝐦®2 hours ago

$INJ With this weekly higher-high, INJ made a solid base for the next explosive phase 🧨

INJ+2.55%

LeiselSeniorAccountManageran hour ago

🏆 Max’s gift to himself for his 250th Grand Prix: his first Singapore win.
I’m so excited to witness him reach the top step of the Marina Bay podium for the first time together with the team.
I probably won’t be able to sleep tonight, with images of Pan Shuai winning the championship filling my mind.
🍾 Cheers to Red Bull!
‍#F1 #GateVIP #GateX红牛F1新加坡站夺冠

GateSquare2026-10-12 03:30:20

🏆 Finally conquers Singapore, Max unlocks a new career achievement
Starting from pole and leading from start to finish, Max Verstappen delivered a spectacular Pole to Win at the F1 Singapore Grand Prix, claiming his first Singapore GP victory 🏎️
Gate founder Dr. Han was also on-site with the Red Bull team, celebrating this historic moment with Max. Isack Hadjar’s performance also deserves applause.
From the TOKEN2049 driver meet-and-greet to winning the F1 Singapore GP, Gate, as Red Bull Racing’s official sponsor and long-term partner, has been along for the journey, witnessing speed and breakthroughs together.
💙 First victory secured, the legend continues.
Bring #Max首夺F1新加坡站冠军 to Gate Square to chat:
Which moment from the race left the deepest impression on you?

CryptoEye2 hours ago

#BTCUp1.17%
BTC Up 1.17%: Bitcoin Shows Positive Momentum — What Comes Next?
Bitcoin (BTC) is showing positive momentum with a 1.17% price increase, bringing renewed attention to market sentiment and the possibility of further upside.
A rising BTC price can indicate improving buying interest, but traders should also monitor trading volume, key resistance levels, and overall market conditions before making decisions.
Key Market Factors to Watch
Bullish momentum: Sustained buying pressure could support further gains.
Resistance levels: Bitcoin needs to break above nearby resistance with strong

BTC-0.58%

ETH+0.98%

KatyPaty3 hours ago

Michael Saylor Hints at Another BTC Purchase

LIVE2,622

CryptoEshu39 minutes ago

#BTCUp1.17% 📈 Bitcoin Gains 1.17% — Is BTC Building Momentum?
Bitcoin is showing a positive move, rising **1.17%**, bringing fresh attention to the market’s next potential direction. Even a modest gain can spark discussion among traders, but the bigger question is whether BTC can maintain its momentum or face another short-term pullback.
For traders, this is a good moment to focus on price action, trading volume, and key support and resistance levels rather than reacting emotionally to a green candle. A single percentage increase does not confirm a trend reversal, so patience and proper risk

BTC-0.58%

Razzsharesan hour ago

University Last Day
> 2024

Mihirr 38 minutes ago

3 reactions at support 👇
🛡️ Holds: sideways for a while
🏀 Bounces: rises but stays below Escape Altitude (EA)
🚀 Reverses: clears EA; trend may be turning
No new trend until EA is cleared.
Repost to help fellow traders 🔄
Educational analysis only — not financial advice.

TradeSignalDiary 41 minutes ago

$W You really make me love and hate you at the same time.😂
This drop has been grinding all the way down, falling without any fight at all. It really feels like you're more show than substance.
But since I'm still holding, I'll give you one last chance!
If you continue to pull back to my final stop-loss level, I'll strictly follow the plan and exit decisively.
You've already ground me down to the point where I’m starting to swear at you.🤣
I hope you can finally pull yourself together and perform well—don't let everyone down!
Next, the key focus is whether the critical support can hold. Nothin

W+46.16%

TheBuzzingBeean hour ago

Me explaining to my family why I lost money today:
"It was a healthy market correction." 🧠💡
Me in my head: "I bought the top again." 🤡📉
Stay strong team! 💎🙌
#GateWCTCS9GlobalTradingCompetition
#ShareWeekly
$BTC ‌

BTC-0.58%

CryptocurrencyAnalysisan hour ago

There are always opportunities every day if you scalp. If you want to invest long term, it is better to invest in BTC spot. Don't touch futures.
$ETH ‌

ETH+0.97%

0x31adsun37 minutes ago

Looking at Golden Bridge in SL8, I think there’s one detail worth noting: although both involve staking, earning the base yield and pursuing promotional rewards are actually two separate systems.
Weekly compounding is one thing; daily gold and silver rewards, numbered physical badges, and the Top 50 sharing a $100,000 CST prize pool are another.
The former depends on the staking period and the actual rules, while the latter also depends on rankings, eligibility, and reward thresholds. If you factor all of these into your expected returns, it’s easy to overestimate what you’ll ultimately receiv

ShizukaKazu8 minutes ago

#韩股大跌你会抄底吗 #每周来晒 South Korean stocks plunge! The real test comes on Wednesday
South Korean tech stocks fell again. On October 12, the KOSPI Index fell 2% intraday, while SK Hynix dropped nearly 3% and Samsung Electronics fell nearly 2%. Japan's stock market was closed that day, leaving South Korea as one of the most direct outlets for sentiment in Asian tech trading.
According to Sina Finance, trading volume in South Korean stocks has contracted by approximately 70% from its peak in late May this year, with foreign investors exiting at one of the fastest rates in Asia, while local retail inves

SK Hynix-4.52%

Samsung Electronics-4.38%

TheLittlePandaIsDedi 2 hours ago

Setting aside net worth, how would you rank them by their ability to shape the direction of technology over the next 10 years:
Elon Musk, Jeff Bezos, Mark Zuckerberg, Jensen Huang, Ren Zhengfei, Lei Jun.
How would you rank them?

BlockchainTuoge2 hours ago

$PYTH I almost got turned into exit liquidity again on this 16.8% surge. I didn't dare buy at 0.0760 and chased in at 0.0896, only for it to touch a high of 0.0907 before going sideways. I'm now up less than 2%, and while the 44.3M trading volume looks lively, it's actually all short-term traders.
I advise you not to touch it because this kind of price-volume structure traps people most easily—there's no volume surge on the way up, and any pullback can trigger a stampede. I reviewed the trade, and my mistake was treating a rebound as a reversal.
If you really want to play it, I only recognize