Once-largest Ethereum NFT marketplace Blur is shutting down after volumes collapse 99%
Summary
The once-dominant Ethereum NFT platform Blur is permanently closing its website following a massive drop in trading activity. Monthly volume on the marketplace collapsed significantly from its historical peak, leading to the decision to wind down operations shortly after a related project announced its closure.
Blur will close its website on Nov. 12 after monthly trading fell from about $1.43 billion at its 2023 peak to under $7 million, ten days after sister project Blast announced its own shutdown.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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