84% of all Ethereum NFT transactions in the first week of March happened on Blur.

Of all NFT transactions on Ethereum during the first week of March, 84% happened on Blur, according to the Block, surpassing the February high of 68%.

Blur launched in October 2022 and quickly became the third largest NFT marketplace in January, according to The Block.

And after that, the platform reached new highs in February. After launching the $Blur token which attracted many new users. With a mixture of airdrops, token incentives, and cheap trading fees, within the first 24 hours after launch, The token has hit about $1.1 billion in volume, according to CoinGecko.

“It appears that this heated NFT market war will continue to intensify in the near future, with Blur needing to demonstrate its long-term approach and OpenSea needing to respond effectively,” analyst Thomas Bialek said. According to The Block Research

refer : LINK
picture LINK

The post 84% of all Ethereum NFT transactions in the first week of March happened on Blur appeared first on Bitcoin Addict.

source site