Over the past 30 days, NFT sales on blockchains like Ethereum, BNB Chain, and Flow have dropped 14%-41%. However, on other chains such as Solana, Polygon, Cardano and Arbitrum, the numbers increased between 11% and 64%.
A recent tweet from the Director of Research at â PROOF â clarified that the banking crisis has likely instigated a âstructural shiftâ in the NFT sector.
In fact, Blur is currently the leading NFT trading platform by volume.
â Over the past four weeks, Blur has seen ~$1.1 billion in NFTs traded compared to Opensea's ~$270 million. â
Data from DappRadar reveals that NFT transactions worth $234.1 million took place on Blur in the past seven days. During the same period, OpenSea handled only $80.75 million in volume.
