In the world of NFT marketplaces, the competition is fierce, and the battle for dominance is ongoing. Recently, the up-and-coming platform Blur made a bold move by challenging the established leader, OpenSea. However, it seems that OpenSea is not going down without a fight.
According to data compiled by sealaunch.xyz, the percentage of unique users on OpenSea has seen an increase since mid-February, after a brief dip. At the same time, there has been a significant decrease in the average sale size per user on Blur following the recent airdrop of the governance token, BLUR. This has resulted in a shift in trading volume, with major collections such as CryptoPunks, BAYC, Otherdeed, MAYC, Meebits, Moonbirds, CloneX, and Doodles seeing a decrease in trading on Blur and an increase on OpenSea.
The BLUR token was airdropped to users last week, and it has already accumulated over $1 billion in trading volume. However, it seems that this move has not been enough to maintain Blur’s momentum in the face of OpenSea’s resurgence.
While the increase in OpenSea’s unique users may be slow, it is a positive sign for the platform, which has faced criticism in the past for its high gas fees and other issues. As the competition between NFT marketplaces continues to heat up, it remains to be seen which platform will come out on top. For now, it seems that OpenSea is making a comeback, and Blur will need to step up its game if it wants to stay in the race.
