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Blur NFT Marketplace Surges in Volume and Market Share, Rivaling Industry Leader Opensea – Bitcoin News

Blur, a non-fungible token (NFT) marketplace, has seen significant volume growth since its launch in October. According to Dune Analytics statistics, Blur has about 30% market share in terms of sales volume. NFT market leader Opensea holds his 48% share of the market.

Blur NFT Marketplace Takes 30% of Market Share by Sales Volume

NFT Marketplace called Blur Market share increased in the last 30 days.according to statistics According to Dune Analytics, Blur has 30% of the total market share of the NFT market. According to a team statement, cryptocurrency market participants believe Blur’s rise is related to the upcoming launch of the native token, which was originally scheduled for January 2023 but has been postponed. The token is currently scheduled for release on February 14, 2023.

“We are aware that this is past our original estimate in January and we apologize for the delay,” said the platform. tweeted on thursday“We’re trying new things, and with two more weeks, we’ll be able to launch like never before.”

Blur NFT Marketplace Surges in Volume and Market Share, Rivaling Industry Leader Opensea
Dune Analytics stats edited by @hildobby.

seven days index According to, Blur has recorded $33.06 million in NFT sales. Marketplace had his second-largest total sales this week, high seashas weekly sales of $112.89 million. On the final day, Blur’s sales were $5.08 million, compared to Opensea’s $16.24 million, according to 24-hour stats. The rise of Blur is similar to the rise of the Luxrare NFT Marketplace. I decided to airdrop In 2021, 120 million LOOKS tokens, or 12% of the total supply, will be available to the Looksrare community.

Blur NFT Marketplace Surges in Volume and Market Share, Rivaling Industry Leader Opensea
Blur’s historical sales stats by on 01/26/2023.

The incentive to acquire airdropped tokens has driven Lookrare’s sales volume, and in the fourth quarter of 2021, the NFT platform was able to earn a significant amount alongside Opensea. January 2022, Lux Rare Beyond Short-term Opensea daily volume. Since then, Luxrare has slipped from being the second-most-grossing NFT marketplace to today’s number-five.Blur’s all-time sales are $458.05 million since its inception.

NFT marketplace Blur ranks 11th in all-time sales. It trails NFT markets such as Magic Eden’s $2.07 billion, Lookrare’s $1.69 billion, and X2Y2’s $1.07 billion. However, it surpassed the record sales set by NFT markets Wax Atomicmarket ($441.42 million), Immutable X Marketplace ($387.11 million) and Rarible ($301.95 million).

Tags for this story

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What impact do you think Blur’s native token launch will have on the NFT market? Will Blur continue to grow market share and volume, or will it face competition from other players in the industry? Will you? Share your thoughts in the comments below.

Jamie Redman

Jamie Redman is a news lead for News and a financial technology journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He is passionate about Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written over 6,000 articles for News about disruptive protocols currently emerging.

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