{"id":7733,"date":"2023-12-06T09:23:09","date_gmt":"2023-12-06T09:23:09","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=7733"},"modified":"2023-12-06T08:23:28","modified_gmt":"2023-12-06T08:23:28","slug":"nft-trading-is-happening-on-this-platform","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/nft-trading-is-happening-on-this-platform\/","title":{"rendered":"NFT Trading is Happening on This Platform!"},"content":{"rendered":"

Blur<\/strong>, the NFT trading platform, is swiftly growing its transaction volumes. The NFT buying and selling platform, is rapidly increasing its transaction volumes and gaining a larger share day by day. Currently, it controls 80% of the total volume in the entire NFT market.<\/p>\n

Last month, there was a noticeable increase in activities in the NFT market<\/a>, with a significant portion of the rising transaction volume taking place on the Blur platform.<\/p>\n

You can visit the Blur website by clicking here.<\/a><\/strong><\/p><\/blockquote>\n

According to some data provided to users, Ethereum-based NFT transactions exceeded $605 million in November. This figure represents an almost 100% increase compared to the monthly transaction volume of $306 million in October.<\/p>\n

With four days remaining in December, the NFT transaction volume for the month has already reached nearly $90 million, with approximately $70 million of that coming from transactions on the Blur platform. This striking increase demonstrates Blur’s impact and popularity in the industry.<\/p>\n

The market share of the previously leading OpenSea has dropped to around 16%. Blur has surpassed OpenSea since February, taking control of the majority of the Ethereum-based NFT market.<\/p>\n

While other marketplaces such as LooksRare and X2Y2 exist, they seem to have only a small share in the monthly transaction volume of the market, especially when compared to the significant influence of Blur and OpenSea in transactions.<\/p>\n