Blur’s NFT Market Share Increases to 80%
Over 80% of non-fungible token trading volume is currently dominated by NFT marketplace Blur, with OpenSea falling to a 17% share.
This trend has intensified since November, with Blur successfully solidifying its position by garnering significant user activity.
According to reports, the Ethereum-based NFT trading volume for November reached $605 million, a significant increase from October’s $306 million.
During the first four days of December, the total trade volume has already reached approximately $90 million, with Blur responsible for the majority of this at $70 million.
This shift in leadership has been evident since February, with Blur and OpenSea accounting for almost all of the trading volume, currently at 97%.