Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Blur accounts for nearly 80% of NFT trading volume as market activity surges.
ADOPTION NEWS

Blur accounts for nearly 80% of NFT trading volume as market activity surges.

By Crypto FlexsDecember 4, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Blur accounts for nearly 80% of NFT trading volume as market activity surges.
Share
Facebook Twitter LinkedIn Pinterest Email

Posted 1 minute ago In ~

The NFT market has seen a surge in activity over the past month, with most of the increase in trading volume coming from NFTs. blur blur

+1.27%
market.

Ethereum-based NFT transactions hit $605 million in November, according to The Block’s data dashboard. This represents an increase of almost 100% compared to October’s monthly volume of $306 million.

Just four days into December, NFT trading volume for the month has already reached nearly $90 million, with nearly $70 million coming from transactions on the Blur NFT Marketplace.

Switch from OpenSea

Since February of this year, there has been a noticeable shift in market share from OpenSea to Blur in the NFT sector, with the latter market currently dominating nearly 80% of the total transaction volume in the Ethereum-based NFT market. OpenSea, the once dominant NFT marketplace, has given way and now holds only about 17% of NFT volume.

The Solana-powered NFT marketplace also saw an increase in trading volume, with daily trading volume increasing from November to December, according to The Block’s data dashboard. On November 30, the total trading volume of the Solana-based NFT market was $9.3 million, the highest since April of this year. The majority of this volume was in Tensor, with a daily volume of over $5 million.

Launched in October 2022, Blur is a free NFT marketplace designed to meet the needs of professional NFT traders.

Disclaimer: Larry Cermak, CEO of The Block, is an angel investor in Blur.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

Brian McGleenon is a UK markets reporter for The Block. He has worked as a financial journalist and producer for several news outlets such as Fuji Television, The Independent, Yahoo Finance, The Evening Standard and The Daily Express over the years. Brian is also a screenwriter and producer with one feature film and one in development at Northern Ireland Screen. In addition to web3 and cryptocurrency development, he is also interested in geopolitics, environmental issues, artificial intelligence, and longevity studies. Contact us via email (email protected).
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025

The best Solana depin project to form the future -Part 2

September 8, 2025

Ether Lee (ETH) tests major support for $ 4,453 after the highest rejection.

August 31, 2025
Add A Comment

Comments are closed.

Recent Posts

Zircuit Launches $495K Grants Program To Accelerate Web3 Super Apps

September 16, 2025

Kintsu Launches SHYPE On Hyperliquid

September 16, 2025

New Cryptocurrency Mutuum Finance (MUTM) Raises $15.8M As Phase 6 Reaches 40%

September 16, 2025

How XRP Enthusiasts Can Earn $15k/Day

September 16, 2025

Bringing 1R0R To R0AR Chain Unlocks New Incentives

September 16, 2025

As the Air drop recipient is sold, the infinite price is 46% conflict after Binance listing.

September 16, 2025

Vulnerability or orbit again? BTC has a line at $ 115K

September 16, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025

France can break the EU password market with ‘atomic weapons’.

September 15, 2025

Cardano (ADA) Signal Recovery -Is there a strong rise?

September 15, 2025

BitMine Immersion (BMNR) Announces Crypto And Cash Holdings Of $10.8 Billion, ETH Holdings Exceeding 2.151 Million

September 15, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Zircuit Launches $495K Grants Program To Accelerate Web3 Super Apps

September 16, 2025

Kintsu Launches SHYPE On Hyperliquid

September 16, 2025

New Cryptocurrency Mutuum Finance (MUTM) Raises $15.8M As Phase 6 Reaches 40%

September 16, 2025
Most Popular

NFT Market Declines in 2023, but Bitcoin and Solana NFTs Offer Significant Opportunity

January 3, 2024

Why Bitcoin Hits All-Time High in 12 Months

December 16, 2023

PEPE, WIF prices fall 10% – here’s what’s next:

March 15, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.