In April, Magic Eden’s transaction volume surpassed Blur and became the top NFT trading platform

2024-05-10 18:27:40 Views

Golden Finance reported that according to the April 2024 Dapp industry report released by DappRadar, Magic Eden's transaction volume was $108 million higher than Blur, mainly due to its expansion in Bitcoin Ordinals and dynamic rewards. The platform's Bitcoin Orderals transactions accounted for 70% of its total transaction volume. The report also highlighted changes in the NFT market conditions. The total transaction volume in April fell to $1.35 billion, a decrease of 13% from the previous month, while sales increased by 20%. This trend can be attributed to the popularity of Runestone. This Bitcoin inscription has surpassed Bored Ape Yacht Club to become the most traded NFT.

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Title:In April, Magic Eden’s transaction volume surpassed Blur and became the top NFT trading platform - Flash
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