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Navigating the NFT whirlpool: BAYC volume swells as wash trading sweeps the market
Web3
Read more - Navigating the NFT whirlpool: BAYC volume swells as wash trading sweeps the market

Navigating the NFT whirlpool: BAYC volume swells as wash trading sweeps the market

As the Bored Ape Yacht Club (BAYC) sees an explosive rise in trading volume and sales, underlying trends reveal a market that’s not as transparent as it appears. This article brings to light the obscured dynamics at play. Charting uncharted…
Blend grabs 82% of the NFT lending market share 
Blockchain
Read more - Blend grabs 82% of the NFT lending market share 

Blend grabs 82% of the NFT lending market share 

NFT lending marketplace Blend has accumulated 169,900 ETH in trading volume, amounting to 308 million, since its launch on May 1, according to a DappRadar report. The lending segment contributes 46.2% of the total trading volume of Blur. NFT lending…
New report shows blockchain gaming audience is dwindling despite growing investment
Gaming
Read more - New report shows blockchain gaming audience is dwindling despite growing investment

New report shows blockchain gaming audience is dwindling despite growing investment

According to a recent DappRadar report, the blockchain gaming industry, which has been experiencing significant growth in recent years, has recorded a decline of 8.58% in unique active wallets (UAW) during the first quarter of 2023. Fewer gamers but more…
The NFT marketplace battle doubles Q1 trading volume 
Blockchain
Read more - The NFT marketplace battle doubles Q1 trading volume 

The NFT marketplace battle doubles Q1 trading volume 

The NFT market trading volume increased by 137%, reaching $4.7 billion in the first quarter of 2023. The cryptocurrency industry continues to show durability and resilience. Therefore the overview is still bullish. OpenSea loses dominance in the NFT market According…
DappRadar report shows SVB collapse caused a substantial drop in NFT trading volumes
Blockchain
Read more - DappRadar report shows SVB collapse caused a substantial drop in NFT trading volumes

DappRadar report shows SVB collapse caused a substantial drop in NFT trading volumes

A new report from DappRadar shows figures on how the collapse of Silicon Valley Bank (SVB) has caused a significant drop in the number of active non-fungible token (NFT) traders. NFT market weathers the storm amidst banking collapse The recent…
Blur is overtaking OpenSea – will it sustain the new position?
Blockchain
Read more - Blur is overtaking OpenSea – will it sustain the new position?

Blur is overtaking OpenSea – will it sustain the new position?

According to data provided by Sara Gherghelas, a blockchain researcher and analyst from DappRadar, there is a likely correlation between Blur’s exemplary trading volume performance and the BLUR token launch. Blur has planned to drop its third and final airdrop…
DappRadar report highlights ETH NFTs’ Dominance
Web3
Read more - DappRadar report highlights ETH NFTs’ Dominance

DappRadar report highlights ETH NFTs’ Dominance

The DappRadar report shows that the adoption of blockchain technology and decentralized apps (dapps) continued to increase in 2022 despite various challenges, such as the war in Ukraine and the collapse of Terra Luna, with some unexpected competitors emerging to…
The NFT market shows recovery signs, while sales in 2022 almost match the 2021 boom
Web3
Read more - The NFT market shows recovery signs, while sales in 2022 almost match the 2021 boom

The NFT market shows recovery signs, while sales in 2022 almost match the 2021 boom

The NFT market is showing signs of recovery after posting a 3-month high by accumulating a 30K ETH trading volume on Jan. 5. A sharp surge in trading volume Data by DappRadar shows that the number of NFT sales in…