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Latest Blur News

NFT lending volume collapses 97% from peak as market activity collapses
News
Read more - NFT lending volume collapses 97% from peak as market activity collapses

NFT lending volume collapses 97% from peak as market activity collapses

The NFT lending frenzy has cooled dramatically, with active borrowers dropping 90% and lenders 78% over the past year. The non-fungible token lending market has collapsed, with monthly volume plunging to just $50 million in May, a staggering 97% drop…
NFT sales hit second-highest level of 2024 in December, data shows
Feature
Read more - NFT sales hit second-highest level of 2024 in December, data shows

NFT sales hit second-highest level of 2024 in December, data shows

Ending the year on a high note, December’s sales of non-fungible tokens climbed to $877 million, making it the second-best month in 2024. Blockchain-based digital collectibles had a strong December, with $877 million in sales, making it the second-best month…
Magic Eden dominates NFT market as its share nears 37%: CoinGecko
News
Read more - Magic Eden dominates NFT market as its share nears 37%: CoinGecko

Magic Eden dominates NFT market as its share nears 37%: CoinGecko

Magic Eden maintains its dominance in the NFT marketplace, holding a 36.7% market share in August with a trading volume of nearly $123 million. Magic Eden solidified its position as the leading marketplace for non-fungible tokens in August, capturing 36.7%…
NFT market had its best quarter since early 2023, DappRadar says
News
Read more - NFT market had its best quarter since early 2023, DappRadar says

NFT market had its best quarter since early 2023, DappRadar says

As Bitcoin drops for the fourth consecutive day, non-fungible tokens (NFTs), once thought to be dead, have surprisingly had their best quarter since early 2023. Non-fungible tokens (NFTs) witnessed their best quarter in Q2 as the sector of digital collectibles…