Blur remained top NFT marketplace in Q1 as Magic Eden surged last month | Headlines | News | CoinMarketCap
04/18/2024 16:01
Blur remained the leading non-fungible token marketplace in the first quarter of this year with $1.5 billion inNFT trading volume. However, Magic …
Blur remained the leading non-fungible token marketplace in the first quarter of this year with $1.5 billion inNFT trading volume. However, Magic Eden gained market share in March, with its trading volume for all NFTs surpassing Blur's.
For the entire first quarter, Blur recorded $1.5 billion in trading volume for all NFTs, the highest among all marketplaces, giving it a market share of 27.6% for the period, up from 24.9% in the previous quarter, according to a CoinGecko report. For Ethereum-based NFT trading, Blur remained top in March with $565.6 million in Ethereum NFT trading volume, followed by OpenSea’s $163.7 million, The Block’s data showed.
Magic Eden, however, appears to have gained market share in March. CoinGecko data showed that the NFT trading volume on the marketplace …