A report from CoinGecko shows that in Q1, Blur's NFT trading volume reached $1.5 billion, ranking first among all NFT markets; its market share in the quarter rose from 24.9% in the previous quarter to 27.6%. Data shows that in March, Blur's Ethereum NFT trading volume reached $565.6 million, ranking first, followed by OpenSea ($163.7 million).
In addition, Magic Eden's market share increased in March. CoinGecko data shows that the market's NFT trading volume reached $756.5 million in March, up from $256.9 million in February (Blur's trading volume in the month was $530.4 million).
CoinGeck said that Magic Eden's surge in trading volume may be mainly "due to its introduction of the Diamond reward program, and its Ethereum-based Yuga Labs market." (The Block)