The Ethereum Layer 2 Blast network has reduced its withdrawal time from 14 days to 7 days, as announced in an X post by the development team on July 16. The network previously required longer withdrawal times "to provide a buffer for Lido withdrawals." The team claims that this longer wait time is no longer necessary. The team announced this news through the new X account @blast, which replaced the previously used @blast_l2 account. The previous account announced the existence of the new account in its profile.