"Ethereum's Dencun Upgrade: Blockchain Locks, Reduced Fees, and Bee Movie on Mainnet"
Blast, a layer-2 blockchain built on Ethereum, experienced a one-hour mainnet freeze during Ethereum's Dencun upgrade, causing a halt in block production. Competitor Arbitrum announced a 24-hour integration period for the upgrade to reduce Ethereum fees. Despite the freeze, Blast's largest protocol, Orbit Finance, saw a 32% increase in total value locked, but its native token's value plunged by over 20% after being issued on March 8.