Source
The cause? There are many to be sure, but it’s hard not to point at the young Blur marketplace as the most prominent factor.
With buffed trading tools, and a deep reward system (if you live outside of the US), Blur has managed to do what LooksRare,
X2Y2, and other marketplaces had hoped for themselves; go toe to toe with the juggernaut, OpenSea, in a fight over NFT traders.
Last week, 360m $BLUR tokens were airdropped to over 100k wallets, and if you’re wondering where all of that liquidity went, collection activity pages on CryptoSlam tell the story at a glance. From Mutant Apes and Otherdeeds, to Art
Gobblers and The Captainz, one can pick a project at random, to find that collectors have flocked to Blur, buying NFTs from their wishlist, or making their next hail mary play.