The Ethereum Layer 2 Blast network has cut its withdrawal time in half, from 14 days to seven days, according to the network's development team's July 16 X post. The network previously required a longer withdrawal time "in order to provide a buffer for Lido withdrawals". The team claims that this longer wait time is no longer necessary. The team posted the news via the new X account @blast, which replaces the previously used @blast_l2 account. The previous account announced the existence of the new account in its profile.