Data: The number of daily transactions of Blur has exceeded OpenSea for five consecutive days
It is reported that according to Dune data, the daily trading times of Blur in the NFT trading market have exceeded Open Sea for five consecutive days. Among them, the number of daily transactions of Blur on February 19 was 65359, and the number of daily transactions of OpenSea was 39835.
Interpretation of this information:
Non-fungible tokens or NFTs have emerged as one of the most popular investments in recent times, with their popularity surging during the COVID-19 pandemic. NFTs are digital assets, ranging from artworks to music, videos, and even tweets that represent ownership of a unique asset. With the increasing demand for NFTs, several marketplaces have emerged, including OpenSea and Blur, that allow people to buy and sell these assets.
According to Dune data, the daily trading volume of Blur in the NFT trading market has exceeded that of OpenSea for five consecutive days. In fact, the number of daily transactions of Blur on February 19 was 65359, which is significantly higher than the number of daily transactions of OpenSea, which stood at 39835.
This shows that Blur has gained a significant market share in NFT trading, which can be attributed to several factors. One of the primary reasons for Blur’s success is the platform’s user-friendly interface, which makes it easier for people to buy and sell NFTs. Additionally, Blur has a vast collection of NFTs, ranging from music and videos to digital art and games, which has attracted a diverse group of buyers and sellers.
Another factor contributing to this trend is the growing awareness of the potential value of NFTs. As more people become aware of the unique properties of NFTs, such as their authenticity, rarity, and immutability, the demand for these assets is likely to grow, creating more opportunities for platforms such as Blur and OpenSea.
In conclusion, Blur’s success in the NFT trading market is a reflection of the growing interest in digital assets, particularly NFTs, and the emergence of new marketplaces catering to this demand. As the popularity of NFTs continues to grow, it will be interesting to see how platforms such as Blur and OpenSea evolve to meet the changing demands of the market.
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