Layer 2 · rank #848

Blast BLAST

$0.000294-1.1% 1d+4.5% 7d+18.7% 30d

Red List Recovering Phoenix · monthly · score 77.5 mixed

Monthly: forming bar is a green 2-Up. Last confirmed swing low 0.0002269 (Aug 2026), month 1 of a cycle that has typically run 10.5.
Weekly: forming bar is a red inside bar. Last confirmed swing low 0.0002269 (Aug 2026), week 3 of a cycle that has typically run 5. Cycle-low confidence 52%.
Daily: bar is a red inside bar. Last confirmed swing low 0.0002816 (2026-09-04), day 3 of a cycle that has typically run 5. Cycle-low confidence 25%.
Red List: 89% below the 2025-09-13 high; +30% off the 365-day low.
Phoenix: 99% decline over 26 months, monthly swing low confirmed (next-bar), now +30% above the trough; no weekly pullback yet — the entry is the pullback, never the chase.
Gauges: Mayer multiple 0.76 (cheap); -99% from the all-time high.

From the peak to today, log scale

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

stopped falling, by the rules

Score 77.5

CoinGecko + DefiLlama, pulled 2026-09-07 .xlsx

Health43 / 100 · Thin

Liquidity (24h volume / market cap) can you get out	2.69 %	7.3 / 15
Supply overhang (FDV / market cap) unlocked supply waiting to sell	1.45 x	11.6 / 15
Size (market-cap rank) survivorship	848 #	0 / 15
Usage (price / annualized fees) fees people actually pay to use it (DefiLlama)	1763.1 x	0 / 20
TVL backing (market cap / TVL) capital parked in it (DefiLlama)	0.64 x	15.0 / 15
Fee momentum (30d vs prior 30d) is usage growing into the recovery	-9.9 %	4.0 / 10
Age on Coinbase survived a cycle	2.2 yrs	4.9 / 10

7 of 7 measurable; score renormalized over what was measurable.