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Morning Edition · Tuesday, October 13, 2026Published at 1:42 AM EDT · New York
Blur, Once the Largest Ethereum NFT Marketplace, Will Close Its Website on November 12 After a 99% Fall in Volume
Monthly trading fell from about $1.43 billion in 2023 to under $7 million, new Blend loans will stop, and the BLUR token fell 29% within ten days of its sister network Blast announcing its own shutdown.
Blur, the non-fungible token (NFT) marketplace that overtook OpenSea in Ethereum trading volume in 2023, will close its website on November 12. Monthly trading on the platform fell from about $1.43 billion at its 2023 peak to under $7 milli…
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On-Chain Capital Concentrates
As total on-chain capital contracts, value keeps concentrating on the largest chains and the applications with live demand, squeezing long-tail protocols and forcing consolidation.
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