More NFT Holders On Blur Are Taking Loans, Not Trading
Recent on-chain data reveals that Blur, the peer-to-peer, zero-fee non-fungible token (NFT) marketplace and aggregator, is now more popular for facilitating loans than trading. A report compiled by DappRadar showed that Blur’s NFT loan volumes rose from 4,200 ETH (or roughly $7.6 million) to 169,900 ETH (or $308 million) in less than a month.