![Is Blur [BLUR] on the way to become the numero uno NFT marketplace?](https://i.headtopics.com/images/2023/2/19/cryptoamb/is-blur-blur-on-the-way-to-become-the-numero-uno-n-is-blur-blur-on-the-way-to-become-the-numero-uno-n-1627270018072207362.webp)
Blur recorded exponential gains in trading volume and royalties. Blur’s growth prompted a change in OpenSea’s marketplace policies. With its phenomenal growth over the last few months, the NFT marketplace Blur [BLUR] has become the talk of the town. According to Blur’s financial statement released by Token Terminal, the total trading volume for the month […]
Interestingly, a large part of Blur’s recent growth could be attributed to its position as a leading NFT marketplace aggregator. Data from Dune Analytics showed that Blur enjoyed a monopoly in this landscape, accounting for more than 96% of the daily trading volume.With all the right boxes ticking, the focus shifts to the price of the newly launched BLUR token. At press time, it jumped 21% to be valued at $1.
. If growth in key marketplace indicators continues to hold, token holders could expect rapid gains in the coming weeks.In the face of stiff competition from Blur, OpenSea had to introduce sweeping changes to its marketplace policy. This included doing away with the 2.5% service fees on sales and making creator royalties optional, something which Blur already offered which arguably worked in its favor.Subscribe to get it daily in your inbox.
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