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Blast website screenshotBlast website screenshotSource: Screenshot from Blast.io

The total value locked (TVL) on the newly launched Ethereum-based layer 2 network Blast has already closed in on Solana’s TVL after being live for just 10 days.

Judging from data from Defi Llama, Blast currently boasts an impressive TVL of $621.6 million, just below the $651.5 million TVL that Solana has.

News of the impressive milestone was shared on social media platform X by crypto researcher Evan Van Ness, who pointed out how Blast’s TVL has grown to match that of “the most hyped VC chain in history” in such a short time.