NFT trading volume on Blur reached US$1.5 billion in the first quarter, and its market share rose to 27.6%, ranking first

PANews reported on April 18 that according to The Block, the CoinGecko report showed that the NFT trading volume on Blur reached US$1.5 billion in the first quarter of this year, ranking first among all NFT markets; its market share in this quarter increased from the previous quarter. increased from 24.9% to 27.6%. In March, Ethereum NFT transaction volume on Blur reached US$565.6 million, ranking first, followed by OpenSea (US$163.7 million).

Additionally, Magic Eden’s market share increased in March. NFT trading volume on the market reached $756.5 million in March, up from $256.9 million in February (Blur had $530.4 million in trading volume that month). CoinGeck said Magic Eden’s surge in trading volume may be primarily “due to the introduction of its Diamond rewards program, as well as its Ethereum-based Yuga Labs marketplace.”