Blur, the leading NFT marketplace by volume, is seeing renewed interest from crypto investors amid rising trading volumes across the non-fungibles sector.<\/p>\n
BLUR has surged over 150% since hitting an all-time low of $0.15 on October 12.<\/p>\n
<\/p>\n <\/a><\/p>\n Crypto research firm Delphi Digital expects<\/a> BLUR to continue its outperformance if NFTs see a resurgence next year.<\/p>\n <\/a><\/p>\n However, with Season 2 of Blur\u2019s airdrop campaign set to end on Nov. 20<\/a>, the token could see increased selling pressure as participants look to cash in their rewards. Many traders have booked substantial losses<\/a> on NFTs while attempting to maximize their airdrops, and will likely be trying to recoup them by selling their newly acquired BLUR.<\/p>\n As of Nov. 8, roughly 38% of BLUR\u2019s total supply of 3B tokens is in circulation, with over 2M BLUR unlocked on a daily basis.<\/p>\n <\/p>\n <\/a><\/p>\n Since launching in October 2022, Blur has completely changed the dynamics of the NFT market through a series of often controversial<\/a> moves.<\/p>\n Back then, OpenSea dominated the market despite being constantly criticized by the community for its extractive fees. At the peak of NFT mania in January 2022, the company raised $300M<\/a> at a $13B valuation.<\/p>\n Start for free<\/a><\/div>\n In a campaign reminiscent of Sushi\u2019s vampire attack<\/a> on Uniswap, Blur immediately started eating away at OpenSea\u2019s market share by charging zero marketplace fees and airdropping $400M worth of BLUR<\/a> tokens to early adopters.<\/p>\n <\/p>\n <\/a><\/p>\n Trading volume on Blur surpassed OpenSea\u2019s shortly after the airdrop<\/a>, and the marketplace now routinely processes over 70% of NFT trades on any given day.<\/p>\n Meanwhile, OpenSea has laid off<\/a> half its staff, and a major investor has written down its stake<\/a> in the once-leading marketplace by 90%.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" Leading NFT Marketplace Facilitated Nearly $170M Of Trades In The Past Four Weeks Blur, the leading NFT marketplace by volume, is seeing renewed interest from crypto investors amid rising trading volumes across the non-fungibles sector. BLUR has surged over 150% since hitting an all-time low of $0.15 on October 12. BLUR Price Crypto research firm […]<\/p>\n","protected":false},"author":2,"featured_media":123859,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-190772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/190772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=190772"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/190772\/revisions"}],"predecessor-version":[{"id":190778,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/190772\/revisions\/190778"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/123859"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=190772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=190772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=190772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/a><\/p>\n
![\"BLUR](\"https:\/\/thedefiant.io\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F5f80d64efe13b1da54227c637cd7a1fe6be8b32e-720x620.jpg&w=828&q=75\")
![\"BLUR](\"https:\/\/thedefiant.io\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F65d788f3f66757f71118026f9a2f50c7980baf76-332x312.jpg&w=828&q=75\")
From Upstart To Market Leader<\/h2>\n
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![\"NFT](\"https:\/\/thedefiant.io\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2Fa1f66c9c0b948ea30beb04dd0750af6d98f65356-680x381.jpg&w=828&q=75\")