L2 ghost chain with 97% TVL collapse

Every generation has its "ghost chains." The only people who got rich were the insiders and VCs who exited at the top. Retail held the bag while the chain quietly faded. Down 95%+, still posting on X, almost nobody using them. Here are a few from this generation: A few that fit the pattern: • $BLAST (L2) hit $2.2B TVL and 77K daily users at peak. TVL down 97%, dailies around 3.5K, token down 98%. • $SCR (L2) was valued near $1.8B. TVL collapsed 96%, fees are tiny, usage is weak, and one of its strongest apps already migrated off. The chain still processes blocks. The ecosystem is bleeding out underneath it. • $FUEL (L1) was a $1B project. Now $7-9M, down 99%. No buzz, no activity, no pulse. Didn't collapse dramatically. Just went quiet and never came back. • $MOVE (L1) pushed toward a $3B valuation, now closer to $63M. TVL still sits around $158M so the numbers aren't fully dead, but trust took damage and socials went silent. • $TIA (modular DA) was the hottest modular trade in crypto at $3.5B. The tech is still real. The market just stopped paying attention. That's the pattern worth recognizing. New chains launch, raise at huge valuations, get a few months of attention, then quietly fade as liquidity and builders move on. Same story is playing out with Wormhole, Camp Network, and Destra ($DSYNC). Here's what people miss: A chain doesn't need to officially shut down to be functionally irrelevant. Look for fees generated, usage, development updates, and if new projects to choosing to deploy there. The protocol posting on X isn't a solid indicator as interns are cheap these days. Every cycle has its ghost chains. Remember EOS? $4B ICO, was supposed to kill Ethereum. Or NEO, the "Chinese Ethereum." IOTA was top 10. All ghosts now. 2021 had its own list. Algorand, Harmony, Klaytn. All hit billion dollar valuations and faded away. The names change every cycle, the pattern doesn't.