Data: Blur’s trading volume on the Ethereum chain reached 460 million US dollars in the past week, surpassing OpenSea’s ranking of the first in the weekly trading list
It is reported that according to data from DappRadar, Blur has generated 460 million US dollars worth of Ethereum NFT transactions in the past seven days, up 361% month-on-month. At the same time, the trading volume of OpenSea increased by 12% to US $107 million during this period. The third NFT market was X2Y2, and the trading volume was only US $11 million during the same period. In addition, according to CryptoSlam data, Blur has driven the total transaction volume of NFT on the Ethereum chain to increase by 155% in a single week. The NFT project with the largest transaction volume in the past week (the whole market) is the NFT plot in the Yuga Labs Meta Universe game Otherside, which generated about 63 million dollars of transactions, with a year-on-year increase of 318%. （decrypt）
Interpretation of this information:
The NFT market continues to thrive as Blur, a popular NFT marketplace, generated $460 million worth of Ethereum NFT transactions in the last seven days, an increase of 361% compared to the previous month. OpenSea, another major player in the NFT market, saw a 12% increase in trading volume, reaching $107 million for the same period. However, the third NFT market, X2Y2, only had a trading volume of $11 million during this time. Overall, Blur’s impact on the Ethereum chain has led to a 155% increase in total NFT transaction volume in a week, according to CryptoSlam data. The top NFT project in terms of transaction volume for the entire market was the NFT plot in the Yuga Labs Meta Universe game Otherside, which generated $63 million worth of transactions with a year-on-year increase of 318%.
This message highlights the continued growth of the NFT market and the dominance of certain marketplaces such as Blur and OpenSea. The significant increase in both transaction volume and value of the NFT market in just a week demonstrates the growing interest in digital assets and the potential for financial gain. Additionally, the popularity of the Yuga Labs Meta Universe game shows the potential for NFTs in the gaming industry and how it can create unique experiences for players.
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