According to Foresight News, according to the April 2024 Dapp Industry Report released by DappRadar, Magic Eden's transaction volume reached $486 million, $108 million higher than Blur, ranking first among NFT trading platforms. The report also highlighted the changes in the NFT market conditions, with total transaction volume in April falling to $1.35 billion, down 13% from the previous month, while sales increased by 20%.